Maersk Says India Cargo Demand Rising Ahead of Possible US–India Trade Deal

India faces steep U.S. tariffs of about 50 percent, including a 25 percent duty imposed in August over its imports of Russian oil.

Shipping containers are transported on a Maersk Line vessel through the Suez Canal in Ismailia, Egypt. Amr Abdallah Dalsh/Reuters

Danish shipping giant Maersk said on Dec. 3 that demand for cargo from India has risen—and is likely to climb further if the United States and India reach a trade deal.

In a customer advisory, published on Wednesday as part of its North America market update, Maersk said demand had increased “as the market anticipates a tariff deal” between Washington and New Delhi.