MSC, Maersk Line, CMA CGM and Hapag-Lloyd are the largest transatlantic players, with total deployed capacity of 420,000 TEU, and US President Donald Trump’s threat to slap tariffs on European countries objecting to his takeover of Greenland will harm their volumes.
Trump announced on his Truth Social platform on 17 January that eight European countries would face tariffs starting at 10% on 1 February, and these would go up to 25% on 1 June.
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