News / Pockets of demand will drive peak on Asia Pacific tradelanes, believes Maersk

There are “positive signs” of a peak season on many Asia Pacific tradelanes, but the long-term cargo outlook is looking less rosy, according to Maersk.

Meanwhile, the latest data shows China’s factory activity shrank in July, owing to “insufficient market demand”.

In its July Asia-Pacific report, Maersk said the Russian invasion of Ukraine and a “broader weakening of demand” was weighing down the long-term outlook for the global economy.

“Short-term, however, is more positive,” Maersk added.

“Cargo volumes through Shanghai are returning to pre-lockdown ...