Container lines lost up to 35 percent of their stock value during coronavirus crisis

Container shipping lines such as Maersk and Cosco had to say goodbye to a big chunk of their share value during the coronavirus pandemic. But they have since regained some of what was lost, shows a review by Alphaliner.

Photo: PR / Cosco Shipping

Container shipping lines such as Maersk have lost close to one third of their capital market value in the first half of 2020 due to the consequences of covid-19, show calculations made by analyst firm Alphaliner.

"Leading container carriers saw between 10% and 35% of their stock value wiped off," writes the firm.

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