Demand for container freight declines – Maersk loses market shares

In March, global demand for container freight dived by almost 3% compared to the same month last year. It’s the fifth consecutive week marked by decline. Maersk loses market shares, writes Sea-Intelligence.

Photo: Stine Bidstrup/ERH

Although earnings among the world’s leading container carriers are sky-high this year as well, demand for sea transportation of containers has fallen for the fifth week in a row, according to new figures by analyst firm Sea-Intelligence.

In March 2022, container freight demand dived by 2.9% in comparison to the same month last year. For the entire first quarter, which thus includes the effect from the Chinese New Year, only three routes show growth in demand compared to Q1 2021.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

HMM doubled revenue in Q1

South Korean container line HMM follows the trend of European competitors, which have already presented their first-quarter financials. Revenue doubled in a significant surge.

Further reading

Related articles

Latest news

See all jobs