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Maersk CEO: China’s Export Surge is Propping Up 2025 Container Market
Yahoo Finance· 2025-11-06 21:47
China’s exports have been keeping the global container market afloat despite its ongoing trade war with the U.S., said ocean carrier giant Maersk. According to Maersk CEO Vincent Clerc, the sourcing superpower’s global export share has increased steadily to about 37 percent this year from 33 percent in 2023, even as its shipments to the U.S. have seen steady declines in recent months. More from Sourcing Journal Clerc said container demand has shown a “remarkable resilience” in the wake of the trade tensio ...