Maersk spreads optimism: "Industry might come out of 2020 without a loss"

As the latest in a line of shipping companies, Maersk declares that the coronavirus does not seem to have impacted container freight as hard as first feared, creating hopes that container lines can avoid a combined loss in 2020, and that the bottom has been reached, assess analysts.

Photo: Aly Song/Reuters/Ritzau Scanpix

Maersk's surprising statement that the drop in volumes seen in the second quarter will be smaller than first expected is creating optimism on behalf of the industry for the full year.

As the latest in a line of carriers, Maersk declared on Wednesday that the coronavirus seems to not have hit container transport as hard as first feared.

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