ShippingWatch

Container market could go from bad to worse

The largest area of business for shipping groups such as Maersk, container transport, has been squeezed to the breaking point. It will be a long time before things improve, project several analysts.

Photo: Maersk Line

Maersk Group and other shipping majors must prepare for the massive challenges in their largest business area, container freight, to continue for years.

This is the unanimous conclusion from a number of analysts who believe that, based on a fundamental imbalance between supply of container ships and the global demand, it will be years before Maersk and the company's peers will experience improved conditions.

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