⚓️ commentary on 21st calendar week has just arrived ⛴

This week Michael and Sebastian discuss:

🦠 the new wave in APAC

💰 another record high rates level

📈 longer-term approach from shipping liners

⏰ doubled transit times

🚶 not shipping

Sebastian and Michael share thoughts around recent news:

💰 The shipping industry is in a state of crisis. The price of shipping has skyrocketed again, and only some shippers are paying whatever they need to get their goods shipped.

💣 The supply chain is a massive risk for companies nowadays, retailers and tech companies decreased their revenue forecasts

🏭 The US inventory levels are at record lows, and this is impacting the supply chain. This is a problem for companies, but also for the economy as a whole.

#podcast #oceanshipping #freight #supplychain

All rates increase

Ripple effect

Vessels maintenance

MAKERS AND MOVERS

https://global.makersmovers.com/

- Patrik's journey from KN to founding Xeneta

- growing orderbook, deja vous from a decade ago? 

- congestions congestions congestions

- announcement

- growing transatlantic rates