Carriers

Maersk and CMA CGM outperformed by smaller rivals on key metric

A comparison of the quarterly results from five major container lines shows that size does not always equal higher earnings.
"Common to all of them is that they need to go even lower, and it can be difficult to conclude on the development before they hit a plateau," concludes Mikkel Emil Jensen, senior analyst at Sydbank, after the shipping companies' earnings in the first half of the year. | Photo: Amr Abdallah Dalsh/Reuters/Ritzau Scanpix
"Common to all of them is that they need to go even lower, and it can be difficult to conclude on the development before they hit a plateau," concludes Mikkel Emil Jensen, senior analyst at Sydbank, after the shipping companies' earnings in the first half of the year. | Photo: Amr Abdallah Dalsh/Reuters/Ritzau Scanpix
by Jens Thomsen, Jens Bojsen Ruskov

After three quarters with freight rates and earnings in free fall, container carriers are quickly heading towards a normalization of the freight market.

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