Container industry is finding a sustainable formula

After fighting and costing each other large deficits, 2019 is becoming the first year in which the broad section of the container shipping industry is showing financial brute strength. Even in the face of global trade conflicts. Maersk's half-year report is expected to reflect a new stage.

Photo: PR / Maersk

Demand is currently not anything to celebrate. The global economic growth is heading south. The trade dispute between the US and China is only getting worse, and even though a hard Brexit may not disrupt volumes on the major tradelanes, it helps illustrate a world that – if not falling apart – is marred by uncertainty.

Pessimists can add to this the fact that there are still too many and too large ships in the global fleet of container vessels, and that shipping companies are still not scrapping enough old ships to maintain a healthy balance in supply and demand.

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