MARKET OUTLOOK - The Container Market Maintains Its Uncertainty

Foreks - AlphaValue analyst Helene Coumes stated that the trend in the container shipping market is uncertain. Coumes highlighted that there is a risk to demand and freight rates due to the possibility of higher tariffs on imports during Donald Trump's presidency; however, in the short term, the high demand observed in previous quarters may continue into the fourth quarter and early 2025, assuming high import levels in anticipation of new tariffs throughout 2025. The analyst noted, "This shows temporarily higher spot rates and could increase further as disruptions in the Red Sea persist." Following these insights, AlphaValue maintained its "reduce" recommendation on Maersk's target price, raising it from 12,693 to 12,750 Danish kroner. The company's stock is currently trading at 12,130 kroner, up 0.6% today.