Cargo On-Time Rates Are Dismal. Two Shipowners Have a Plan to Fix That.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 20 2024
0mins
Source: WSJ
Shipping Companies' Strategy: Two major shipping companies plan to reduce cargo delivery delays by using larger ships and minimizing the number of port calls.
Impact of Regional Conflicts: Vessel diversions due to attacks by Iran-backed Houthi rebels have extended sailing times and increased freight rates, particularly affecting routes through the Red Sea and Suez Canal.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
