Chinese container player soars on carrier top-50

Regional Chinese container carrier CULines has used the Covid-19 pandemic as a springboard to ensure major growth, according to a report by Sea-Intelligence.

November last year, carrier CULines appointed Lars Solbø Christiansen as co-CEO with the primary task of running the Chinese company's continued internationalization. | Photo: Hapag-Lloyd

Bottlenecks and delays in supply chains have entailed turbulent conditions for container shipping companies, and China United Lines, CULines, has managed to exploit the unpredictable situation in the wake of the Covid-19 pandemic to ensure marked growth.

According to a report by analyst firm Sea-Intelligence, CULines now sits as number 24 on the global ranking list of container lines – a significant jump up the list for the regional carrier.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Reefer rates to peak in fall season, followed by slow decline

Rates on refrigerated containers, or reefers, have increased by 50% in the second quarter compared to the same period in 2021, with growth set to continue in the third quarter. 2023, however, will see rates slowly declining, forecasts consultancy Drewry.

Further reading

Related articles

Latest news

See all jobs