Maersk Lowers Container Market Forecast Amid Global Uncertainty

A.P. Moller-Maersk, a key indicator of global trade, has revised its global container market forecast downward while maintaining its profit outlook amidst rising economic and geopolitical uncertainties.

The company cited trade tariffs imposed by U.S. President Donald Trump as a major factor prompting companies to scale down sales targets, causing significant impacts on global shipping demand.

Maersk now anticipates global container volumes to move between a decrease of 1% and an increase of 4%, compared to a steady 4% growth prediction earlier this year, emphasizing potential risks of a broader trade conflict if Chinese exporters shift their focus from the U.S. to alternative markets.

(With inputs from agencies.)