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"Its something, because of a personal direct interest in a small...

  1. Patient
    2,439 Posts.
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    20/08/21
    06:36
    Post #: 55431004
    "Its something, because of a personal direct interest in a small manufacturing company, I have been watching closely.
    A $1,500 container a year ago is now been priced at $8,000 with prices rising, a virtual Dutch Auction to buy them and an international shipping industry wanting to take ships off the Aussie/NZ run in favour of the more profitable US and Europe runs."

    2 extremely good (surprising?) and long read articles on stockhe@d on shipping and container/ship costs. Both by Josh Chiat:

    • ‘UNPRECEDENTED’: The global shipping crisis could take years to unwind… and here’s why Australia could be hardest hit
    • ‘Everyone suffers’: How the global shipping crisis is impacting retail, building and mining in Australia"

    As you have an interest in this emerging thematic you'll enjoy both these articles, although you've got practical experience already.
    Last edited by Patient: 20/08/21
    ADH Price at posting: $3.69 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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