Record profits once again in sight for major container lines – though several risks point downwards

Although liner companies will probably set a new earnings record this year, several factors threaten to put a damper on demand. Analysts warn against drawing too many conclusions based on the first quarter.
Photo: Michael Lindner/Port of Hamburg Marketing
Photo: Michael Lindner/Port of Hamburg Marketing

Although container shipping companies – with Maersk as the most recent today – report heavy advancement in earnings due to soaring freight rates, demand could be on the way down, says analyst firm Drewry.

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
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading