Container lines face a challenge in the second quarter

The container industry fared reasonably well in the first quarter despite the coronavirus crisis and increasing fuel costs, writes Alphaliner. However, the second quarter looks to be tougher despite the positive start to the year.

Aly Song/Reuters/Ritzau Scanpix
Photo: Aly Song/Reuters/Ritzau Scanpix

After a mostly positive start to 2020, the container industry is faced with a much more challenging second quarter, writes Alphaliner Wednesday.

Alphaliner's prediction follows a quarter in which the largest container shipping lines largely fared well despite issues related to the global outbreak of the coronavirus and increasing fuel costs due to the new sulfur regulations.

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