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Empty inventories could extend container upturn even further

As soon as consumption, bottlenecks and container shortages subside, companies will have to rebuild inventories. This could be the reason why Maersk estimates market expectations all the way until the fourth quarter, assesses SEB. Scan Global criticizes the high freight rates.

Photo: PR / Maersk

As soon as consumers in Europe and the US have used up their national Covid-19 stimulus packages, mainly via online shopping, companies will have to rebuild their inventories.

This will provide business for global shipping throughout the rest of the year, assesses Lars Heindorff, analyst at SEB Enskilda Equities, after Maersk adjusted the company's 2021 outlook Monday evening.

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