The latest numbers for the container transport between Asia and Europe looks bleak, says analyst bureau SeaIntel. “They need to take out 40,000 twenty foot containers per week in order to create short term balance.”
BY TOMAS KRISTIANSEN
A massive drop in container transport between Asia and Europe in July makes for surprising and bleak reading for container shipping companies such as Maersk Line, says analysts SeaIntel.
On Dec. 5, all Russian crude oil will be banned in the EU. But oil from the warring country will still flow into the world market, and both the EU embargo and price cap can be circumvented, predicts sanctions lawyer.