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Containers Red Sea Risk Maersk Group

Spot rates still falling but Maersk touts ‘benign’ box shipping outlook

  • Shanghai Containerised Freight Index drops 7%; Drewry’s World Container Index falls 3%
  • Spot indexes are showing larger declines in Asia-Europe than transpacific trades
  • Maersk is now less concerned about overcapacity and sees a path forward for the industry to absorb newbuildings and tonnage freed up by an eventual Red Sea reopening

  • Analysis

There are a lot of negatives for container shipping: falling spot rates, looming overcapacity from the Red Sea reopening, a still very sizeable orderbook, and more tariffs. And yet, Maersk executives are sounding more optimistic than they have in the past

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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