FASCINATING:
The thing about shipowners is they are simultaneously the most colluding and most competitive businessmen on planet earth.
Collectively they only want a trickle of traffic through chokepoints.
Why? Because longer voyages suck capacity out of the system, making freight rates… https://t.co/nzgYKfPQAc
— John Ʌ Konrad V (@johnkonrad) March 4, 2026
“Regardless of your opinion on Trump, everyone agrees he’s a master at playing competitive forces against each-other.”