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Read More »Maersk sees global trade contracting 2.5% in 2023
Bloomberg A.P. Moller-Maersk A/S, a bellwether for global trade, said “muted†economic growth is set to push the world’s container shipping volumes down by as much as 2.5% this year. The shipping market has normalized after two years of exceptionally high freight rates, when supply snarls and and a shortage of vessels allowed Maersk and its peers to charge higher ...
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