
Month in Review – May 2023
Maritime May 4: Maersk: Downturn on Predicted Course, Liners Acting ‘Rationally’ – American Shipper Pain during shipping downturns is often self-inflicted by the industry itself. A scramble for market share spurs a rate spiral; too many ship orders compound the losses. Maersk CEO Vincent Clerc maintained on a May 4 conference call that liners are […]