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.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
CMA CGM close to downgrade by Moody's
For subscribers
CMA CGM's acquisition of Ceva Logistics strains financials
For subscribers
