Maersk loaded 7.4% fewer containers onto ships last quarter

SalesMoney Matters
Written By Jennifer Joslyn

🚢 Maersk, the Danish shipping and logistics company and one of the leading figureheads in the maritime industry is warning that it has loaded 7.4% fewer containers onto ships in Q2. This could spell bad news for global trade, showing that consumer confidence in the supply chain amid congestion and inflation is waning. Geopolitical uncertainty is another culprit in the weakening demand, with China and Taiwan tensions growing by the day and the Russian invasion of Ukraine already wreaking havoc across industries. Regardless, Maersk is forecasting underlying operating profits of around $31 billion for the year, up from 2021.

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Jennifer Joslyn
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