OceanX: Carrier reporting bonanza, but Mærsk, oh Mærsk...
Indian fall
Straight to the podium today:
1) Gold Medal: goes to Robert Yildirim for his smart investment in CMA CGM back in the post-financial crisis dark days of box shipping…. Last week’s interview with the JOC – in which he estimates the value of his shares in CMA CGM (24%) as worth $22bn – shows it to be one of the best investments ever: he paid $500m for 20% in 2010.
2) Silver Medal: to CMA CGM CEO and major shareholder Rodolphe Saadé ...
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
Port of Montreal set for new strike at TerMont terminals tomorrow
'Desperate' GRIs by carriers prop up Asia-Europe spot rates, for now
Ripples from standstill at strike-bound Canadian ports could spread inland
CMA CGM offers discount vouchers to fill ships out of India as exports dip
Forwarders warn shippers to expect a second ILA-USMX work stoppage
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