Whack, whack whack: it's my winter almanac
Goodbye 2022 … uh oh, here comes 2023
Oil prices are on the increase again, and pretty quickly too, leading some to wonder what will happen to carriers that have managed to overcome overcapacity woes via cheap fuel. What will happen to those balance sheets once fuel returns to the levels of a few years ago? In this fascinating Bloomberg interview, Norway’s petroleum and energy minister, Tord Lien, says it is unlikely and takes the unusual position – for a country dependent on hydrocarbon prices – that it shouldn’t happen. “It’s better to plan for $60 and let the people who want to hope for $100, hope for $100,” he said. “We saw oil prices hitting $140 a barrel, and that does not contribute to economic growth. So therefore I’m not hoping for it.”
'Mass-casualty incident' as Maersk box ship destroys Baltimore bridge
Shock for CMA CGM as a deputy CEO decides to quit
Diversions from Red Sea proving a real ‘silver lining’ for carriers
Could the Dali have suffered a power loss before bridge crash?
Asia-Europe carriers revise FAK rates in fight to rein in revenue erosion
Strike paralysing Finnish ports extended after talks collapse
Dali cargo owners face massive costs if general average is declared
Alex Lennane
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mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
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