World’S Biggest Transportation Companionship Already Feeling Hurting From Merchandise War

Via gCaptain, July 11:

A.P. Moeller-Maersk A/S may fighting to brand a turn a profit this twelvemonth subsequently the US of America in addition to PRC descended into a merchandise nation of war that promises to wound the world’s biggest transportation company.

Maersk, which is based inward Copenhagen, has already lost well-nigh a 3rd of its marketplace value this twelvemonth equally investors gird for to a greater extent than bad news. Trade protectionism agency less demand, in addition to history suggests the transportation manufacture volition fighting to brand the necessary provide cuts. What’s more, Maersk is instantly to a greater extent than exposed to transportation equally the sometime conglomerate divests its unloose energy business.

Per Hansen, an investment economist at Nordnet inward Copenhagen, says Maersk is currently “in the optic of the hurricane” when it comes to the harm that volition move inflicted past times a merchandise war. He estimates the company’s shares could driblet at to the lowest degree 10 percent.

Maersk is already bracing itself for lackluster need inward the minute one-half of the year, due to what it says are seasonal effects. The companionship said before inward the calendar week it volition need to temporarily scale dorsum its service betwixt Asia in addition to North Europe equally a result....MORE 

It's patently to a greater extent than than just 'trade war'.
As an analyst friend used to say: "A tendency is emerging".