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Maersk Warns of Slower Demand for Container Shipping

Maersk Warns of Slower Demand for Container Shipping

COPENHAGEN, Aug 4 (Reuters) – Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand for shipping containers by sea this year, prompted by muted economic growth and customers reducing inventories. The company, one of the world’s biggest container shippers with a market share of around 17%, said it expects container volumes to fall by as much as 4%. It had previously forecast…

QTerminals starts new Middle East 6 maritime route.

QTerminals starts new Middle East 6 maritime route.

Doha, Qatar: The services of the new maritime route (Middle East 6) started operating, which connects Hamad International Port with the ports of five Arab countries, namely the Kingdom of Saudi Arabia, the Sultanate of Oman, the Arab Republic of Egypt, the United Arab Emirates, and the Kingdom of Morocco. In a post on X platform, QTerminals – the port…