OceanX: Mærsk rally overshadows post-US-China trade deal news
We could all benefit from a little dose of optimism
Let’s quickly try to narrow the Maersk Drilling IPO guidance that I set out six months ago, when deal details were scarce and I argued that, drawing from a hybrid competitor, the company could be provisionally worth between $4bn and $7bn, with implied “net leverage just below 2x”.
Background
It is a great time, the oil bulls argue, to bet on oil, and the upcoming Maersk Drilling IPO carries some very interesting features indeed, although a conservative investor – one who abides by ...
Keep our news independent, by supporting The Loadstar
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Container spot rates diverge: to Europe still falling, but firmer to the US
Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
Ecommerce likely the front-runner in resurge of transpacific trade after deal
China-US trade tariff pause could drive a rebound for transpacific rates
Shippers should check out the 'small print' in China-US tariff cuts
Service chaos from trade ban with India a problem for Pakistan shippers
Carriers impose 'emergency operation' surcharges on Pakistan cargo
Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Serious threat to jobs in US logistics as tariffs cause economic 'stagflation'
15% rebate for box ships as Suez Canal Authority woos carriers
White House u-turns see freighters flying but keep logistics players on their toes
MSC in terminal switch as Nhava Sheva gets strong start to new fiscal year
Peak season or recession? Forwarders and shippers need to 'stay flexible'
Volga-Dnepr claims 'pirate' Canada has 'hijacked' its stranded aircraft
Comment on this article