After stellar ZIM delivery, it's 'happy birthday' to the Red Sea crisis
One year of joy for some
BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
For all those naysayers, Maersk may in fact have its day, as yet another “competitor” signs up to its TradeLens blockchain platform. While “competitor” may be accurate, in that this new signee does offer a container shipping service, Zim can hardly be compared with Maersk in terms of market dominance. That said, as Splash 24/7 reports, the Israeli carrier is now the second non-Maersk shipping line to join the platform, following Pacific International Lines. Some had questioned the willingness of carriers to utilise a platform operated by their biggest competitor, but with PIL and Zim, entering the arena, maybe this will signal the start of others coming aboard.
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