If the European Union and the US agree on the Transatlantic Trade and Investment Partnership, this would increase revenue for Danish carriers by an annual USD 113 million, projects the Danish Shipowners' Association.
European shipping has a lot at stake in exports to the US. For example, a Danish business delegation is currently visiting the US to boost exports in the United States.
The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.