The Danish company, which is considered a barometer of global trade, said global demand for containers rose by about 7% year-on-year in the first half.
Global carrier Maersk expects global demand for container shipping to grow more slowly over the next few quarters, while the group’s capital expenditure will increase faster. This statement has already led to the collapse of the company’s shares. Reuters wrote this on Wednesday, August 7.
The Danish company, considered a barometer for global trade, said global demand for containers rose about 7% year-on-year in the first half, driven in part by strong demand from in Europe, emerging markets and strong Chinese exports.
Maersk estimates that the global container shipping market will grow by 4-6% for the full year.
It’s unclear, however, whether the strong demand was also fueled by US companies restocking inventories amid fears that political tensions with China over proposed new tariffs following the US presidential election could derail in trade.
The shipping group is in the process of signing orders for 50-60 new container ships for delivery between 2026 and 2030 as part of its fleet renewal, replacing older vessels to keep overall capacity stable of transportation.
We remind you that the largest container shipping operator in the world, the Danish AP Moller-Maersk, has decided to suspend transportation in the Red Sea amid the attacks of the Yemeni Houthis.
Source: korrespondent
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