Maersk u-turn as port congestion increases across Northern Europe
Just a few months after electing to swap its UK hub from Felixstowe to London ...
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By Mike Wackett
Despite a weakening in demand, ocean carriers will bank another $200bn of profit between them this year.
In its latest Container Forecaster report, maritime consultant Drewry said it was downgrading its 2022 outlook for world port throughput to 4.6%, from its previous assessment of 5.2%.
This is due to “fast-rising inflation” and ongoing supply chain bottlenecks which, it said, were “conspiring to slow the pace of growth”.
Nonetheless, Drewry says it expects the carrier “gravy train” will keep rolling this year, buoyed by ...
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