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Six container carriers have a market value in excess of USD 10bn

Container carriers’ share prices have increased throughout July, meaning several carriers have reached a market value milestone, writes Alphaliner.

Measured in market value, Hapag-Lloyd is ahead of Maersk. There is a technical reason for this, however. | Photo: JOHN THYS/AFP / AFP

The last month has offered significant share price progress at the publicly listed container carriers, which otherwise have had a poor year so far on the stock market, writes analyst firm Alphaliner.

Since the beginning of July, share prices in carriers have soared by 15-40%, meaning an additional two carriers – Yang Ming and Wan Hai – have exceeded a market value of USD 10bn.

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