Carriers confirm downturn: Party came to a halt in the fall

Hapag-Lloyd and ONE confirm that heydays came to an abrupt halt towards the end of 2022. Senior analyst believes developments to have taken many carriers by surprise.
Photo: Mohamed Abd El Ghany/Reuters/Ritzau Scanpix
Photo: Mohamed Abd El Ghany/Reuters/Ritzau Scanpix

Carriers raked in the profits during the pandemic, but at the end of last year, tables turned abruptly.

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