ShippingWatch

Maersk Line: We are caught in a vicious cycle

Falling freight rates, declining earnings and rising overcapacity. The container market finds itself caught in a vicious cycle, says Robbert van Trooijen, Maersk Line's Chief Executive for the Asia-Pacific region, at Singapore Maritime Week.

Photo: Maersk Line

SINGAPORE

Container freight or pork production? Standing before a few hundred shipping industry representatives, Maersk Line's Robbert van Trooijen compared the container industry to the pork industry.

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

Shipping in a safe position despite shaky world economy

Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”

Further reading

Related articles

Latest news

See all jobs