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...Some think the policy risks triggering spikes in funding markets trying to digest high levels of debt issuance by the US government....
...One mechanism by which this has been achieved previously is by inflating shipping costs....
...“Venture Global’s conduct has shaken confidence in the trustworthiness of American LNG suppliers at a critical time,” wrote Carol Howle, BP’s executive vice-president of trading and shipping....
...UK ministers committed to “taking action against company leaders who break the law” after the shipping company laid off 800 sailors in 2022 without giving any notice or conducting the usual consultation....
Head of London market says disaster may produce largest maritime claim in history
...Freight rates have already jumped to levels not previously experienced outside a brief spike at the height of the Covid-19 pandemic....
...One shipping executive — John Wobensmith, chief executive of New York-based dry bulk company Genco Shipping — said he had not had any push back from charterers on diverting his vessels....
...Freight rates have already started falling back from their recent spikes, which peaked well short of the levels they reached during the Covid pandemic....
...She said food inflation had come down sharply in recent months and that Coles was working with suppliers to ensure changes in input costs, such as shipping and energy, were reflected in the shelf price....
...Simon MacAdam of consultancy Capital Economics said even the far-bigger spike in spot container freight rates during the pandemic had boosted global inflation by only a few tenths of a percentage point;...
...In a downside scenario, the lack of transparency of the asset class could lead to a deferred realization of losses followed by a spike in defaults....
..., because a spike in crude prices would mean a spike in prices at the pump....
...“We are going to continue to also see some spikes, as certain markets show extraordinary demand.” Additional reporting by Eleanor Olcott in Hong Kong...
...The once-dominant sectors of garments and shipping were witnessing a precipitous decline....
...Parash Jain, HSBC’s head of shipping, ports and Asia transport research, forecast all three carriers could return to profit this year if international travel recovered....
...Theories for the unexpected warming range from a rise in solar activity ahead of a predicted solar maximum to new rules on cleaner shipping fuel that aim to cut sulphur emissions....
...Woldbye, who switched to the aviation industry after 27 years at shipping and logistics giant Møller-Mærsk, including leading its global shipping and ferry divisions, is an “operational type”, according...
...A Chinese state-owned shipping company building one of Latin America’s biggest deepwater ports has criticised a move by the Peruvian government to remove its exclusive right to operate the facility....
...After an initial spike in Brent crude prices to more than $90 a barrel at the outset of current hostilities, prices have dropped below $80 a barrel....
...You can’t operate an ecommerce luxury fashion business on those margins,” he says, citing high costs for shipping, marketing and content creation. “The numbers just don’t add up.”...
...“Shipping capacity is an important bottleneck,” he said, adding the new vessel could sail at “BYD’s planning” rather than leaving cars in port waiting for a ship, which was expensive....
...“Of course, we’re still battling with lots of global headwinds, not least the Red Sea at the moment,” he added, referring to the shipping crisis which has disrupted supply chains....
...Let’s hope it’s not a one-off spike in numbers....
...LNG from Australia rarely makes it directly to European shores, as the length of the voyage makes high shipping costs uneconomic....
...Indeed, the UN’s International Maritime Organization is not a global shipping police....
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