Index-linked agreements: 'shippers have to have the stomach for them'
Shippers pondering the pros and cons of index-linked agreements (ILAs) “have to have the stomach ...
Bloomberg has interviewed Vincent Clerc, chief commercial officer of Maersk, and it’s worth the 10-minute running time. For one, Mr Clerc is interesting to listen to – and doesn’t resort to bland ‘corporate speak’. He talks about how the industry fundamentals, based on increased trade and the recent consolidations, have improved, with confidence at a 10-year high. He talks about capacity – Maersk will not be ordering ships any time soon, and even with the recent spate of orders by competitors, the ...
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