Red Sea crisis forces Maersk to increase capacity over strategy limit
Maersk Line appears to have temporarily abandoned its strategy of maintaining capacity at no more ...
VanderWolf Images
By Mike Wackett
North European trade growth for the year has been revised from 3.4% to 2.2%, according to August’s Global Port Tracker, supporting moves by carriers to suspend services.
The monthly analysis collates data from six major North European hub ports.
“The industry has finally awakened to the fact that things are not as rosy as it expected,” said its author, Ben Hackett, of Hackett Associates.
“What a change eight months make,” he added, noting that at the start of the year “carriers and big consulting ...
Comment on this article