Container biggie AP Maersk reported Q2 2022 results recently.
Q2 2022 numbers weaker suggesting consumer confidence is weakening and bottlenecks at ports.
Hmm! But wouldn’t the second item be a positive for the container shipping sector?
Quite jumbled–
The Copenhagen-based company confirmed forecast-beating second-quarter numbers announced on Tuesday, when it also raised 2022 profit guidance as congested global supply
chains that have boosted freight rates persist longer than expected.
https://www.hellenicshippingnews.com/maersk-sees-weaker-dema…
My guess is, port bottlenecks is a positive for a certain level. But once it exceeds that level it flips to being a negative