Maersk warns of drop in shipping container demand globally
Maersk, which handles 20% of all containers shipped by sea, has idled almost 10% of its fleet, but is carrying some e-commerce cargo as planes are grounded
13 May 2020 - 17:34
Copenhagen — Shipping group AP Møller-Maersk has warned of a sharp drop in global container volumes due to the coronavirus pandemic, with weaker retail sales and depressed car production dampening demand.
The crisis has thrown the container shipping trade off balance as supply chains have been up-ended and businesses and factory activity in China and later across the world have been disrupted...
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