New FMC regulation rules out carrier 'lame excuses' for rolling cargo
The days of “lame excuses” being offered by ocean carriers for refusing to carry contracted ...
Delving through its financial statements the book value on inventory at the latest reading* is shown in the table below, standing at about $4.2bn, a record level…
(*The group abides by a 52- or 53-week accounting period ending on the Saturday closest to September 30)
… so: from early 2020, as Covid-19 wave 1 hit, to date, the picture hasn’t changed materially, inventory having in fact risen by about $100m and $200m in value since late 2019 and March 2020, respectively.
A tiny, $1bn-plus, difference ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article