Liner giant AP Moller-Maersk is braced for a potent cocktail of lower volumes and a higher supply of container ships.
The carrier is facing a “very challenging market” that could, if not managed well, result in liner companies making operational losses by year end.
The Copenhagen-based carrier has downgraded its forecast in global container growth to -4 % to -1% this year, compared with an earlier prediction of -2.5