Matsky expects the decline in the demand for containers will become stable in the middle of the year

Earlier, Maski issued the first quarter financial report, saying that the profit was higher than expected and maintained profit guidance in 2023, because the company's expected decline in the recent decline in container transportation will stabilize in the middle of the year.

Masky is one of the largest container consignor in the world, with a market share of about 17%, which is regarded as the indicator of the shipping industry and global economic prospects. Due to the surge in consumer demand and the increase in port congestion related to the epidemic period, the company achieved a record profit last year.

However, since the global economic downturn and the import bubbles caused by epidemic conditions have gradually broken in the United States and other major consumer countries, and freight has fallen sharply. The number of containers loaded on the ship from January to March this year decreased by 9%year -on -year, and the average shipping cost dropped by 37%.

Matsky CEO Vincent Clerc said that European destocking is expected to end at the end of the second quarter, and the demand in the second half of 2023 will improve and freight will continue to decline.

At the same time, the company stated that its 2023 guidance was based on the "downturn" economic growth, and the decline in container transportation volume will stabilize in the middle of the year.

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