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Desperate shippers push box rates higher

Desperate shippers push box rates higher
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Daily Briefing June 3 2024

Daily Briefing June 3 2024
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Cosco Shipping pushes deeper into methanol with newbuild retrofits

Cosco Shipping pushes deeper into methanol with newbuild retrofits
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CMA CGM to pay nearly $2m in penalties in the US

CMA CGM to pay nearly $2m in penalties in the US
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Disruptions continue to drive tanker demand

Geopolitical disruptions account for the bulk of growth in 2024, but this could reverse if trading patterns return to normal next year.

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