Maersk Line, the world’s largest box carrier, is urging governments not to support too many newbuilding orders in the oversupplied container shipping market.
"If states are supporting operators in ways that would lead to the introduction of tonnage which would otherwise not have been introduced, this distorts the ability of markets to regulate themselves and achieve a healthy balance between supply and demand,” Robbert van Trooijen, the Danish carrier’s regional managing director for Asia-Pacific, says.