Bleak outlook for liner shipping – unless carriers take drastic action
Supply will outpace demand in container shipping in both 2024 and 2025, according to international ...
Interesting companion piece, from FreightWaves, to today’s news that Soren Toft is moving from Maersk Line to become chief executive at MSC, its 2M partner but also one of its fiercest competitors. The current orderbook suggests that MSC will close the gap in capacity that currently separates the two rivals. It reports: “Although MSC has a far bigger orderbook, FreightWaves understands that as those vessels join the fleet, chartered vessels will be released. Is it possible that Toft might implement a different strategy that sees MSC vie to take Maersk’s mantle? Time will tell.
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Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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