Container carriers earned USD 13bn in first quarter

Profits at the biggest liner companies nosedived by more than USD 45bn between 2022 and 2023, but an analyst believes their profit margins will stay afloat at over 10 percent.

by DANIEL LOGAN BERG-MUNCH

Though bottom lines have plummeted in the first quarter of the year, large liner companies will continue to rake in cash in the future.

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Improving time schedule reliability for container ships
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Hapag-Lloyd outperforms rivals on operating margins
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Foto: Peter Hove Olesen/Politiken/Ritzau Scanpix

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Foto: Shannon Stapleton/Reuters/Ritzau Scanpix

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Lynn Loo urges shipping to take steps outside its comfort zone

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Maersk sells part of its business with the US government

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Offshore

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