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SVTPerformance's Chain of Restaurants
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<blockquote data-quote="Weather Man" data-source="post: 16600292" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3677901-maersk-puts-many-short-term-bookings-on-hold-to-deal-with-suez-backup" target="_blank">Maersk puts many short-term bookings on hold to deal with Suez backup</a></p><ul> <li data-xf-list-type="ul">Maersk (<a href="https://seekingalpha.com/symbol/AMKBY" target="_blank">OTCPK:AMKBY</a>) is suspending bookings of short-term contracts on many of its routes in order to deal with the logjam in the Suez, Bloomberg reports.</li> <li data-xf-list-type="ul">The shipper is the biggest container ship customer at the Suez Canal, with about 1,150 transits last year.</li> <li data-xf-list-type="ul">But in the wake of the canal's blockage by Evergreen's Ever Given (<a href="https://seekingalpha.com/news/3677185-container-ship-in-suez-is-free-authorities-say" target="_blank">now freed</a>), it says it expects a "significant loss in capacity over multiple weeks."</li> <li data-xf-list-type="ul">As a result, this week and in the immediate future it's suspending short-term bookings placed via its Spot system along with short-term contracts for certain routes including exports from Asia.</li> <li data-xf-list-type="ul">The shipper had warned this week that "Even when the canal gets reopened, <a href="https://seekingalpha.com/news/3677185-container-ship-in-suez-is-free-authorities-say" target="_blank">the ripple effects on global capacity and equipment are significant."</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16600292, member: 137766"] [URL='https://seekingalpha.com/news/3677901-maersk-puts-many-short-term-bookings-on-hold-to-deal-with-suez-backup']Maersk puts many short-term bookings on hold to deal with Suez backup[/URL] [LIST] [*]Maersk ([URL='https://seekingalpha.com/symbol/AMKBY']OTCPK:AMKBY[/URL]) is suspending bookings of short-term contracts on many of its routes in order to deal with the logjam in the Suez, Bloomberg reports. [*]The shipper is the biggest container ship customer at the Suez Canal, with about 1,150 transits last year. [*]But in the wake of the canal's blockage by Evergreen's Ever Given ([URL='https://seekingalpha.com/news/3677185-container-ship-in-suez-is-free-authorities-say']now freed[/URL]), it says it expects a "significant loss in capacity over multiple weeks." [*]As a result, this week and in the immediate future it's suspending short-term bookings placed via its Spot system along with short-term contracts for certain routes including exports from Asia. [*]The shipper had warned this week that "Even when the canal gets reopened, [URL='https://seekingalpha.com/news/3677185-container-ship-in-suez-is-free-authorities-say']the ripple effects on global capacity and equipment are significant."[/URL] [/LIST] [/QUOTE]
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