Maersk capacity cuts are ‘step in right direction’
Maersk Line has taken a “step in the right direction” and is leading the container industry’s struggle against weakness on the Asia-north Europe trade, says Drewry head of container research Neil Dekker.
Maersk has been praised for recent capacity cuts. Credit: Maersk Line
Mr Dekker told Lloyd’s List Maersk’s recent capacity cuts were a “step in the right direction” ahead of proposed rate increases of around US$500 per teu in November.
“The recent initiatives are a step in the right direction in order to...
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