Maersk sees higher ocean freight demand in Asia amid European port weather risks and policy shifts.

Maersk reports increased demand for ocean freight in Asia, facing potential weather disruptions in European ports. Air freight volumes in Europe rose slightly year-over-year. The European Commission has updated the Combined Nomenclature for 2025, and Sweden, Luxemburg, and Finland are implementing new customs systems. In tanker markets, the re-elected US President's policies could shift demand towards larger vessels like LR2s, benefiting from increased European dependency on middle distillates.

November 11, 2024
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