Container demand uptick may be temporary
Carriers are reporting strong demand and high load factors. But Red Sea delays have prompted cargo owners to bring forward orders that may turn into excess inventory
Source: lloydslist.com
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Iran releases crew from MSC Aries
Iranian foreign minister announces that the 25 crew of MSC Aries have been released and are free to go home, but MSC Aries itself remains under Iranian control on the grounds that it has ‘jeopardised the security of navigation’
Source: lloydslist.com
US to launch new sanctions as North Korea breaches cap on petroleum imports
Russia is shipping refined petroleum to North Korea at levels that exceed UN Security Council limits, according to the White House, which has signalled new sanctions targeting shipments are due later this month
Source: lloydslist.com
The Alliance seeks slot deals to plug Hapag-Lloyd exit, says NYK chief
Soga says bringing in a new member to The Alliance remains on the table, but it is not an easy task
Source: lloydslist.com
Daily Briefing May 6 2024
Colombo cashes in on Red Sea rerouting at expense of Saudi majors | The View: The International Group is right. The Russia oil price cap is unenforceable
Source: lloydslist.com