'Liner panic' as new container production hits a post-Covid peak
Container output reached 521,000 teu last month – a post-Covid peak, according to Linerlytica today. And ...
Bloomberg has interviewed Vincent Clerc, chief commercial officer of Maersk, and it’s worth the 10-minute running time. For one, Mr Clerc is interesting to listen to – and doesn’t resort to bland ‘corporate speak’. He talks about how the industry fundamentals, based on increased trade and the recent consolidations, have improved, with confidence at a 10-year high. He talks about capacity – Maersk will not be ordering ships any time soon, and even with the recent spate of orders by competitors, the orderbook is still at its lowest in a decade. And on Day 2 of the integration with Hamburg Süd, further consolidation is not on his mind. But offering more products, “outside of ocean” is a strong focus this year, he reveals.
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