ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.
The world’s largest container shipping company says the tide has turned. Maersk AS is expecting solid growth next year in the volume of boxes its ships around the world. There are other promising signals as well, including a surge in port traffic in China and a pick-up in rates for bulk carriers, the ships that carry raw materials around the world. The trade runes look positive, but it’s not enough reason for shipowners to celebrate. They still navigate in one of the most dysfunctional markets on the planet.