Disclaimer

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 CEO says container rates back in the black

Container shipping freight rates are profitable again and could rise further if trade picks up over the summer, the head of A.P. Moller-Maersk, the Danish shipping and oil group, said on Thursday.

The recovery in rates could signal a brighter outlook for the global shipping industry, which has struggled to emerge from a four-year slump […]

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