DSV, Mærsk, DP-DHL & Kuehne – 'top-down' fear strikes back
Dante is in the room, he wouldn’t shut up
A renewed fall in oil prices is good news for the balance sheets of shipping companies and airlines, but a plunge in the value of the black stuff is a serious problem for the economies of oil producing economies and ultimately their consumers who will no longer be able to afford non-essential imports.
In this update from Ship&Bunker it seems that OPEC is still unwilling to cut production to ease the glut of oil that is driving down prices of the commodity. The news service quotes one OPEC delegate who optimistically said: “Oil prices will remain volatile…but they will recover.”
OOCL box ship in Red Sea hit by rocket fired from a drone
Carriers roll out new ancillary charges – 'we're going to need every dollar'
Failure of GRIs means a tough time for carriers in new-contract talks
DB Schenker – top board member exit rumoured
Carriers likely to follow MSC and hike ancillary charges on Indian exports
Geopolitical shocks pose the greatest threat to supply chain health
Interest in sea-air services on the rise, with new tech on the way to help
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article