With Lidl Becoming A Shipowner, Should We Invest in Shipping?
While commodity prices soar, is it worthwhile to consider investing in the logistics, maritime, and shipping industrial sectors, or is it too risky? One of Europe’s largest discount retailers has set up its own company, Tailwind Shipping Lines, to respond to container shortages. With annual profits of nearly 3 billion euros, the group has plenty of the necessary capital. The objective is to ensure the smooth flow of delivery chains for the group’s supermarkets. On the other hand, with sanctions on Russian oil and gas, we could see more tankers crossing the oceans, containing liquefied natural ...