McKinsey: Shareholders lose big money on container carriers

It is a very poor investment to place money in container carriers such as Maersk Line or Hapag-Lloyd, according to a new report from McKinsey. Bad decisions made by the carriers over the past 20 years have burned billions of dollars, says the firm.

Photo: /ritzau/Christian Charisius

The container carriers' constant race to grow their fleet and possess the biggest vessels ultimately cost the owners – the shareholders – billions of dollars, as the sector is suffering from more or loss chronic overcapacity.

This is the dire conclusion set out in a new report from internationally renowned consultant firm McKinsey, and the firm does not project any market improvements in the coming years.

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