Fearnley: Maersk Line headed out of the darkness

Several of the major maritime analyst firms point to better days ahead for the container carriers. According to Norwegian Fearnley Securities, Maersk Line has left the worst behind after increasing rates and higher freight volumes in the last few months.

Photo: Maersk Line

Maersk Line seems to have put the worst behind it in the ailing container industry, a development which must be expected to impact the group's share price, notess Oslo-based analyst firm Fearnley Securities.

Since March this year, freight rates have begun to climb upward, just as the growth in container volumes up to and including April have increased 2.9 percent since the beginning of 2016, despite a soft start.

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