Container carriers have taken Moody's by surprise
Container carriers such as Maersk, Hapag-Lloyd and CMA CGM have managed and operated their fleets in a way which makes Moody's reconsider its rather pessimistic view of the sector in light of the coronavirus, the credit rating bureau tells ShippingWatch.
Although huge container carriers such as Maersk, CMA CGM and Hapag-Lloyd find themselves in what will probably turn out to be the most challenging quarter during 2020, they have shown that they, so far, have been able to respond to the abruptly decreasing market.
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