World
World
Reporting from every continent: diplomacy, conflict and the issues crossing borders.
- Asia–Europe voyages around twelve days longer, raising fuel costs
- Spot rates up roughly 40 per cent year on year; annual contract talks pushed back
- Retailers are ordering early, with Christmas stock already committed
Carriers confirm they will keep routing the long way round. Asia–Europe voyages are around twelve days longer, and the cost is beginning to reach retailers.
Delegations have converged on how the money should be spent, but remain visibly apart on who pays how much, and by when.
A subsidy-driven expansion is nearing production. The question now is whether supply arriving at once will move prices.
Easier entry and denser flight schedules are arriving together, and bookings for the second half of the summer have picked up noticeably.
From reflective roof coatings to canopy cover targets, keeping cities cool is moving from emergency measure to written standard.
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