I wonder if needing to reroute lanes is raising costs. A lot of supplies needing to go places they don’t usually go.
We are not getting the cheap international container shipping quotes I was expecting. Is this happening because all the shipping companies have just moored their boats, thus lowering supply with demand?pic.twitter.com/yHhjF8g2s7
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Doubt this
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Huntsman always has useful insights in this regard.https://twitter.com/man_integrated/status/1233140841323147271?s=20 …
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Thank you, will give him a trial follow.
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There was a bullish shipping story before the coronavirus. New environmental regulation was going to seriously limit supply, and rates were supposed to spike in Q1. The virus stopped that, it seems.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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