Container lines preparing for meager Christmas season

The container shipping lines' voiding of sailings in the third quarter is a clear indicator that the build-up to Christmas sales has not happened, says Lars Jensen, CEO of Sea-Intelligence Consulting. It will be at least 2021 before things turn around.

Photo: AP/Ritzau Scanpix

When checking consumer confidence, the easiest way is to follow a container ship from Maersk or MSC or one of the other major shipping lines that transport goods such as t-shirts between the continents.

If there are many departures with packed ships, the global economy is usually faring well.

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