Return on shares plummets at five box carriers – lost USD 65bn in value this year
Five container lines are punished severely on the stock exchange this year on fear of an economic downturn. Unlike last year, when the carriers’ shareholders saw golden days, their shares this year have yielded negative returns of 30-42 percent.
by DAG HOLMSTAD
Although Maersk and four other prominent container shipping companies stand to book record results this year, more and more shareholders are heading towards the exit.
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