Thu, 07 Mar 2024 22:00:57 +0000
Global shipping companies’ short-term profitability will benefit from increased freight rates, which exceed the costs of re-routing following persistent attacks on commercial vessels in the Red Sea, Fitch Ratings says. We do not expect structural shifts in the shipping sector as a result of these disruptions. Nearly half of all cargo ships and tankers have …
Full article: https://www.hellenicshippingnews.com/red-sea-disruptions-benefit-shipping-companies-near-term-profitability/