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The John Batchelor Show

#RedSea: The price of shipping, oil, insurance, war-fighting as the Houthis attack. Simon Constable, Ocitainie

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 20 December 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary


#RedSea: The price of shipping, oil, insurance, war-fighting as the Houthis attack. Simon Constable, Ocitainie
https://www.ft.com/content/deb4d0e7-e439-46bd-9cae-9f9da7a4b607

1937 Dakar

Transcript

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0:00.0

Hey Sainsbodies, we've got a fridge full of food we can't touch till Monday.

0:03.5

What can we do?

0:04.3

Well, with your nectar card a wrap, you get lower prices like a huge whole salmon at your

0:07.9

£7.50 per kilo instead of 15.

0:10.4

And our beef joints are also half price, from 12 pounds per kilo to 6 pounds

0:14.1

The biggest problem will be worth stored at all.

0:16.0

Need to keep everyone fed before the big day?

0:18.6

Ask Sainsbury's.

0:19.8

Sainsbury's good food for all of us.

0:22.0

Nectar required 18 plusplus selected larger stores.

0:24.0

Salmon valid until 26 December.

0:26.0

Buy Sainsbury's beef joint valid until 31 December, subject to availability. This is a series,

0:38.0

This is CBS, I on the world, I'm John Bachelor. Financial Times, London headline,

0:40.0

Meersk, divert ships around Africa to avoid Red Sea security threat.

0:45.0

Shipping groups reroute vessels via Cape of Good Hope due to threat of Yemeni and Somalian attacks on the Suez route.

0:56.6

At the same time, we have a matching headline,

0:59.4

expanded US-led task force to protect Red Sea shipping as a tax mount. The ships are already

1:07.2

diverting to go the long way around Africa once upon a time before the Suez Canal, that was routine. I welcome Simon Constable,

1:17.6

writing for distinguished publications such as Forbes and Barons in the Wall Street Journal,

1:22.0

who is also my watch on commodity prices, which you

1:25.8

will recall these last weeks have been moderating, especially energy prices, especially oil

1:32.2

and diesel, because the war in Ukraine is no longer seen as

...

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