Featured interview: Maersk CEO Vincent Clerc
First Move with Julia Chatterley
00:00
The Transition to a Normal Trending Environment
I just wondered to what extent contracts that were signed at higher freight rates in particular are still cushioning the business to a certain extent. When some of those roll off particularly given their sort of matt crew backdrop and as I mentioned in the introduction as well the increasing supply of capacity across the sector too. So far I would say for throughout 2023 we're seeing a significant caution in our earnings from the contracts that we have had it played very well for our customers in 21 and 22.
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