News in Brief Podcast | Week 49 | Tariffs, rates – and Russian suspicions
In this jam-packed episode of The Loadstar’s News in Brief Podcast, host and news reporter ...
By Alex Lennane
An interview with Søren Skou, CEO of Maersk, is always worth a read. Here he explains what went wrong in the shipping industry – essentially, he says they were all surprised by the downturn in global trade, leading to shameful amounts of overcapacity. And now an idle fleet – which has helped boost rates. He also seems relatively sanguine about potential changes coming to the US – but he adds that anything that’s good for global trade, is good for Maersk.
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