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You are here: Home Archive 2010 April Weekly Edition 1st April 2010 Containership sector fragile, warns Maersk Line director

Containership sector fragile, warns Maersk Line director

by Colum Murphy, Singapore last modified Apr 14, 2010 04:02 PM

GLOBAL container shipping is balanced on a knife edge, with no way of knowing which way the industry’s fortunes will go in 2010, according to Maersk Line director Hennie Van Schoor.

“The situation is fragile,” Mr Van Schoor said in a keynote address to Asia Pacific Maritime conference held last week in Singapore.
Mr Van Schoor expected demand to show a marginal improvement this year, estimating growth at 4%. But here,...

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