Maersk revises outlook on container demand growth for this year

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“Volumes in ocean (shipping) were softer as congestion continued and the war in Ukraine weighed on consumer confidence, particularly in Europe,” CEO Soren Skou said in a statement.

Maersk, often seen as a barometer for global trade, revised its outlook for global container demand to the lower end of its range between minus 1% and plus 1%.

The Copenhagen-based company confirmed new 2022 guidance and forecast-beating second-quarter numbers announced on Tuesday.