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SeaIntel expects improved results in 3rd quarter

Solid interim reports from the major players combined with improving rates bode well for the bottom line of the current quarter, concludes SeaIntel in its most recent analysis.

The bottom line should improve at the major container carriers in the third quarter compared to the second quarter, says analysts SeaIntel, which has studied the financial reports of those major carriers which have published their financial reports for the second quarter.

Of the numbers published so far, A.P. Moeller-Maersk's container activities achieved the biggest profits by far, though Hapag-Lloyd and Hyundai Merchant Marine also finished the quarter with operating profits. However, the other carriers SeaIntel have looked at achieved negative results in the period.

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