Maersk says new trade routes offset impact of US sanctions
US consumers determine the impact of trade sanctions on container shipping, not the tariffs themselves, and those consumers are in a happy mood, says Maersk's Søren Skou, who expects global trade to keep growing despite tensions and protectionist pressures
More than 80% of the volume decline in container traffic from China to the US has been compensated for by growth in cargo from Southeast Asia as manufacturing moves to alternative locations
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792