ShippingWatch

Alphaliner: 2012 results create new rate uncertainty

Some shipping companies have had a good financial year in 2012 while others will present losses. And the mixed results might lead to increased rate instability as carriers pursue different strategies to a higher degree than last year, Alphaliner assesses.

Photo: Stena Bulk

Last week, Maersk Line was able to report a profit of USD 461 million whereas the Singapore-based APL presented a loss. According to Alphaliner, 2012 will have been a year of mixed performances among container carriers. And this might affect the rates in the year to come, Alphaliner states in its newsletter this week.

In the fourth quarter of 2011 the situation was different and most carriers reported negative operating results and therefore they had a common agenda. However, that is not the trend this year as CMA CGM and OOCL are expected to present positive results whereas a lot of the other top-20 carriers are expected to announce losses.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

CBS launches board program for the shipping industry

Supported by a number of high-profile names from the global shipping industry, CBS’s new Blue Board Leadership Programme’s first module is already half full. The faculty team includes BW Group Chairman Andreas Sohmen-Pao.

Related articles

Latest news

See all jobs