Comment / 'Honour' and 'shipping' in the same breath? Or just swings and roundabouts?

Sharks

ID 65160954 © Izanbar | Dreamstime.com

By Alessandro Pasetti

11/06/2024

“Why should carriers honour contractual commitments when rates go up?”

So asked shipping master Lars Jensen in a LinkedIn post (excerpt below) that, by his own admission in the comment section of his missive, got massive traction on a Sunday*.

(*”Don’t people take time off from work related stuff on Sundays in this industry? The post got past 10,000 views in less than an hour,” he noted ––> this anecdotally speaks volumes about how relevant that topic now is in the sea ...

Comment on this article

You must be logged in to post a comment.

Topics

Rates: the eternal tango Watch the downside 1.0 Calculating Capacity Drewry Red Sea Crisis

Most read news

No end to chaos in sight for shippers as Canada's port rows escalate

Cyber attack on tech provider blacks out live tracking for UK retail deliveries

Canada's west coast port employers lock out union workers set to strike

Ripples from standstill at strike-bound Canadian ports could spread inland

'Desperate' GRIs by carriers prop up Asia-Europe spot rates, for now

Cargo operations at Brazil's Guarulhos Airport on brink of collapse

Forwarders warn shippers to expect a second ILA-USMX work stoppage

'Strong' Q3 for Maersk as it prepares for alliance launch – but no bid for GXO

Maersk and Hapag-Lloyd line up major newbuild order to boost Gemini fleet

Typhoon Kong-ray creates congestion at Shanghai, Ningbo and Kaohsiung

Carriers drop calls at Hamburg after congestion builds at CTA

Port of Valencia slowly gets back to work after floods from rainstorms

ONE enjoys huge profit rise – every eastbound transpac ship full

DFDS pulls out of €500m Ekol takeover bid

Air cargo capacity squeeze could linger 'until the end of the decade'

Red Sea crisis provides a bonus for Chinese container manufacturers