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Maersk predicts decline in global shipping container demand

Global shipping giant Maersk has spoken out about the drop in container demand by 2022.

Maersk predicts decline in global shipping container demand

Maersk said demand will slow this year due to weakening consumer confidence and supply chain congestion, while inventory at ports and warehouses will continue to rise.

The 7.4% decrease in the number of containers loaded on ships in the second quarter of this year compared to last year summarized the outlook for this year.

The company had expected the global economy to have a gloomy outlook due to inflation and rising energy prices, and therefore demand to be at the lower end of -1% to 1%.

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