Maersk improves on first quarter result but warns of impending storm
Danish group expects volumes to crash by up to 25% in the second quarter when the impact of the coronavirus pandemic will hit home. But chief executive Søren Skou says it is "strongly positioned to weather the storm"
Global shipping fleet to grow at reduced rate over next five years
Chinese contracts for new ships set to fall to the lowest level in 19 years in 2020.
No quick fixes for box shipping’s troubles
Blankings and idling have kept freight rates artificially high. But demand for goods will remain depressed this year and any recovery will be slow.