Asian container carriers beat European rivals on margins in hectic quarter

CONTAINER FEVER: All of the world's largest container lines raked in a lot of money in a third quarter marked by a chaotic freight market. But one aspect separates Asian carriers from their European counterparts when it comes to generating profits, according to analyst. ShippingWatch takes stock of a frantic quarter.

Photo: Bodo Marks/AP/Ritzau Scanpix

The past couple of weeks have seen a steady flow of results pouring out from the world's largest container lines, most likely accompanied by high fives in management circles, as the bottom lines in their accounts have never been more dazzling.

Although the most significant common denominators for the past quarter in the container market have been record results and upgraded guidances, there is still a noticeable difference between the highest and lowest earners in the hectic market.

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