Trade war may have long term effect on the container market

Repercussions of the trade war may impact the container market for a long time to come, assesses consultancy firm Boston Consulting Group in a new analysis.

The trade war's impact on the shipping industry will not diminish for another couple of years, assesses consultancy company Boston Consulting Group (BCG) in a new analysis. Photo: Mike Blake/Reuters/Ritzau Scanpix/REUTERS / X00030

BY MATHIAS BLÆDEL LORENZEN

Published: 27.09.19 at 14:47

The trade war's impact on the shipping industry is far from retreating, concludes a new analysis by consultancy firm Boston Consulting Group (BCG).

The analysis is based on a model drawn up by BCG, which presents four potential scenarios for the world economy and how each of these scenarios impact container freight.