Concern over a renewed trade war between the US and China has led DNB Markets to cut its forecasts for AP Moller-Maersk.

Analysts led by Nicolay Dyvik lowered the 2019 and 2020 projections for the Danish container giant ahead of its fourth-quarter report this week.

Dyvik said the main focus on AP Moller’s results would be on the company’s expectations for 2019.