Let’s keep it quick and dirty today on this matter as the unfolding events in Asia could sow the seeds of an unprecedented crisis there.
To start with, you may have caught the Cosco-owned Orient Overseas Container Line’s preliminary numbers released last Friday…
… and: as a few in the trade would have noticed, all that glitters is not gold for the Hong Kong-based container shipping line.
Based on very limited disclosure, “for the third quarter …

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Source: The Loadstar