Maersk planning for eventual full return to Suez Canal route as Asian exports keep boxship capacity under pressure
- Maersk CEO Vincent Clerc expects the company to gradually restore more Asia-Europe services through the Suez Canal as security conditions in the Red Sea improve
- Clerc said stronger than expected container demand from Asia is offsetting concerns about the industry’s large newbuilding orderbook
Maersk is cautious about releasing capacity from shorter routings too quickly as this would worsen congestion at European ports, with vessels bunching up at already strained terminals
