Shipping giant Maersk battles sinking container demand by slashing capacity

Normalization will lead to further mothballing of vessels on key trade routes.

Soren Skou, chief executive of AP Moller-Maersk, says normalization of container shipping markets is finally happening.
Soren Skou, chief executive of AP Moller-Maersk, says normalization of container shipping markets is finally happening.Photo: Scanpix
Published 7 November 2022, 07:00Updated 7 November 2022, 14:12