APMM Q2 2023 Financial Results
Global Shipped Volumes & Port Congestion.
Congestions dissipates while import volumes normalise
•
Port congestion back to pre-pandemic levels in almost all geographies
North American and European import volumes at or above pre-pandemic levels
FFEM
FFEM
North American Import Volumes
1.2
TEUm at port,
normalized
Global Port Congestion
1.5
1.1
111
300
1.3
1.0
250
1.1
200
0.9
150
0.7
100
50
1/7/2018
1/11/2018
1/3/2019
1/7/2019
1/11/2019
1/3/2020
1/7/2020
1/11/2020
1/3/2021
1/7/2021
1/11/2021
1/3/2022
1/7/2022
1/11/2022
1/3/2023
1/7/2023
January
US EC
US WC
EU UK
China
Source: Clarkson's NA EC/WC, N Eur & China port
congestion data, 60 day MA
February
March
April
May
June
2017-2019 AVG
2022
2023
Source: Maersk estimates including CTS Data,
excluding intraregional volumes
July
August
September
October
November
December
0.9
0.8
32
APMM Q2 2023 Financial Results
European Import Volumes
January
February
March
April
May
June
July
August
October
September
November
2017-2019 AVG
Source: Maersk estimates including CTS Data,
excluding intraregional volumes
2022
2023
December
MAERSKView entire presentation