Maersk says capacity could drop up to 30 percent in coming weeks

The build-up of ships waiting at the just-reopened Suez Canal could trigger a capacity plunge of up to 30 percent in the comings weeks, says Maersk. Container lines and analysts project weeks and months of turmoil in the container sector.
Photo: -/AFP / SUEZ CANAL AUTHORITY
Photo: -/AFP / SUEZ CANAL AUTHORITY

The blocking of the Suez Canal and the large build-up of ships outside of the canal will likely make capacity plunge by 20 to 30 percent in the coming weeks, says the world's largest container line Maersk on Tuesday.

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