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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.

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