COPENHAGEN: Shipping group Maersk, often seen as a barometer for global trade, on Tuesday cautioned the container market may normalize in the second half of the year, even as it raised full-year guidance driven by high container freight rates.

The shipping industry has seen record profits in recent quarters as a surge in consumer demand, pandemic-related bottlenecks in U.S. and Chinese ports and more recently an airspace closure following Russia’s invasion of Ukraine prompted a spike in ……..