News / Maersk says its 'resilient ocean business' will keep it on an even keel in Q2

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Maersk this morning updated its forecast for the second quarter, which indicated that world container trade may not plumb the depths many had feared in the aftermath of the coronavirus pandemic.

“With current trading, the market demand in the second quarter of 2020 is developing more favourably than originally expected, with volumes downfall for AP Møller-Maersk now anticipated to be in the range of -15% to -18% for Q2 20, compared with the initial guidance of -20% to -25%,” it said.

It ...