Maersk CEO: "We Are Beginning to Hit Limits"...

Maersk CEO Vincent Clerc has made a rare "shift in tone"—trade wars, deglobalization, and overcapacity, once seen as "headwinds" for the container shipping market, are now being reassessed. Demand elasticity has exceeded expectations, and landside port bottlenecks remain unresolved, pushing the freight rate center of gravity higher; a utilization rate of 96% is even forcing Maersk to consider fleet expansion. This "narrative shift" by the industry giant could reshape the competitive landscape of the entire container shipping market.