Maersk Frankfurt heads for open water as container fire subsides
Maersk Frankfurt, the newbuild box ship that suffered a possible electrical fault and subsequent container ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
A bullish Soren Skou, chief of Maersk, in this interview believes trade will recover quickly to pre-pandemic levels, and grow slowly after that. But he points out that businesses have learned a lot during the crisis. Supply chains will change, he predicts, as customers found they were too predicated on efficiency and low costs, and ignored the problems of single-sourcing and lack of inventory in the system. He also says tele-conferencing will be here to stay, and agrees the crisis has accelerated digitisation. Worth a quick read.
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Maersk Frankfurt heads for open water as container fire subsides
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