OceanX: Last-ditch attempt to save sliding rates in turbulent times
Market share fights update
Mærsk reported great profits last week (8th best quarter in history), everybody happy?
Let’s look at the hairs in the soup first – quarterly volumes on the liner side were up +0.3% only (Q3 investor pack: here), in a world where Mærsk themselves forecast market volume growth for the year at +6% and CTS actual benchmark for the market in Q3 was +5.6%.
With Mærsk’s capacity growing by +4.7% during the quarter it was certainly not the ...
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