Container lines' billion dollar profits could backfire among their customers
Spearheaded by Hapag-Lloyd and ONE, the container carriers now announce their profits from an extraordinarily thriving container market. The golden times might continue this year, though they may backfire among customers, warns analyst. European shippers seek protection of customer interests in delays.
by JENS THOMSEN
The major container lines stand to continue the heydays for a long time with profits of a size that ought to make customers rub their eyes in disbelief, estimate industry observers to ShippingWatch.
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