High Shipping Costs Are Here to Stay, Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
In an interview with CNN, Maersk Group CEO Nils Anderson discusses the ever-changing, and difficult world of global shipping and the newly evolving Chinese import trade which he comments as being, “the most dynamic trade development in the world.”
Mr. Anderson also comments on the 400-meter long, 18,000 TEU Triple-E container ship, the first of which is due in March, as well as the diversification of the group into the oil business, which is their most substantial activity outside of shipping.
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