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The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

Maersk lifts forecast as global container demand picks up

“The container business has been doing very well,” Jacob Pedersen, an analyst at Sydbank A/S. “The lack of containers and sharp increase in rates are definitely benefiting Maersk Line. This may be a signal that pricing discipline has returned to the industry.”

Maersk had been projected to report full-year net income of 14.6 billion kroner [...]

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