Declining container rates pressure Maersk's business plan
The decline in container rates has now reached 25 percent since August on the crucial Asia-Europe trade. This development puts pressure on container carriers, not least Maersk Line. Fearnley lowers its expectations for the full-year 2018.
The sustained dive in the container industry's spot rates is starting to worry analysts who follow the market closely – including Norwegian firm Fearnleys, which is now more subdued in its 2018 expectations.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Seatrade and CMA CGM change reefer partnership
For subscribers
Maersk Line will close acquisition of Hamburg Süd this week
For subscribers
