The top 10 liner operators hiked aggregate capacity by 13% in 2000-22 and continue to control 85% of the global fleet.
Earnings for Zim, the world’s 10th largest ocean carrier, peaked in the first quarter and continue to slide as rates fall.
As container shipping stocks get battered by collapsing rates, tanker shares could be poised for a long bull run.
New disclosures by Asian ocean carriers confirm that container shipping lines remain extraordinarily profitable.
7,1 millones de TEUs en pedidos frente al anterior récord de 6,6 millones en 2008
Container shipping rates — particularly from Asia to the U.S. — are still falling hard and show no sign of finding a floor.
El índice mundial ha bajado un 44% en los últimos 6 meses, pero sigue siendo 3,4 veces superior a la media anterior a COVID
Container and dry bulk shares soared last year, leaving tanker stocks behind. This pattern has now reversed.
Trans-Pacific spot container shipping rates continue to head lower. Zim appears more at risk than some of its rivals.
The latest shipping company poised to delist has a market cap of $3.5 billion. The latest new entrant’s market cap is under $20 million.
