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Søren Skou: "Strong headwind" will send container market into tangible decline

Economic slowdown has sent the container market back to the level prior to the Covid-19 pandemic. Maersk CEO Søren Skou nonetheless forecasts solid earnings for the industry for some years to come.

Photo: Nanna Navntoft

The economic decline that has hit the world within recent months is starting to manifest itself in earnest within the container industry, including at the world’s second-largest carrier Maersk.

Consumers are beginning to hold back due to general uncertainty following Russia’s invasion of Ukraine, and because increasing inflation constrains their purchasing power.

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