Maersk Chief Executive Nils Andersen told reporters in Singapore that Maersk will also keep adding to container box levels this year and the next to address the global shortage in the industry.
“It will come back to pre-crisis levels, to a level where the industry can get return on their investments,” Andersen said of container freight rates. … “The part of the shipping industry that might be affected by the slowdown in China will be the bulk carriers and oil carriers,” he added.