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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

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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

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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