OX: Rates soar, yet seaborne trade landscape changing long-term
Looking ahead
Let’s start with good news: the crew of MSC Aries is safe.
It’s always bad when innocent, hard-working people get caught in the crosshairs of geopolitics, so it’s great that’s over.
However, the vessel and its cargo are still held, with no news so far. One somehow hopes MSC will make some kind of a deal and get this sorted.
Meanwhile, the Houthis promise more attacks and all their vows, unfortunately, so far seem more reliable than ...
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