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Verdict after liner companies' third quarter: Pretty decent

The liner companies' third quarter this year produced far from impressive results. But analyst firm Seaintelligence still notes that the developments overall paint a picture of a decent quarter. Now there is only joker left to disrupt the situation.

Photo: Ritzau Scanpix

Several of the world's biggest liner companies have published their third quarter results in recent weeks, and based on the published numbers, analyst firm Seaintelligence offers the following verdict: Pretty decent.

"Overall, with a combined EBIT (ONE Line: net loss) result of USD 541M across these 8 carriers, 2018-Q3 has been a pretty decent peak season, although it ranked 5th of 7 compared to the Q3 combined EBIT results for these 8 carriers in the 2012-2018 period, with only the Q3 periods of the horrendous years of 2015 and 2016 performing worse," writes Seaintelligence.

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