Maersk upgrades full-year guidance by several billion dollars
Strong container market with "surging demand" in the first quarter prompts Maersk to upgrade its guidance for 2021 by several billion dollars. Jefferies thinks Maersk could be planning for more upgrades due to the drastic rise in freight rates. Updated.
The EU’s import ban on Russian oil will create ”imbalance” and ”spikes” in the bunker market, with disruptions seen lasting for ”at least the whole of 2023,” says Anders Grønborg, new chief exec of KPI Oceanconnect.