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Maersk says “there may be reasons for optimism”, as it hopes for a “surge in demand from the second half of 2023” onwards.

Although the carrier added that there was “little sign of any short-term improvement”, there were some positive signs emerging from the container industry services sectors.

In its monthly Asia-Pacific market update, Maersk says “inflationary and recessionary pressures” are “dampening the outlook in Asia”.

It said: “Container demand has continued to fall with volumes back to pre-pandemic levels.”

It said it would ...

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