Oversupply problems

Maersk looks cautiously at containerized maritime transport forecast for 2018

Maersk Line has assured that international transport tariffs are reversing after rising for most of this year, raising questions about the sustainability of the recovery of world trade, Bloomberg has reported.

Oversupply problems for decades have bogged down the demand for containerized maritime trade in the third quarter, Steve Felder, executive director of the Maersk South Asia unit based in Mumbai, said in an interview.

“We have started to see some sectors with downward pressure,” […]