The container-line sector has seen a steady recovery in profitability since the financial failure of Hanjin Shipping in 3Q 2016. The issue isn’t volumes or revenues, with a likely 16% rise in revenues based on companies that have already reported and consensus estimates from S&P Global Market Intelligence. Container rates have been weak though, with China outbound routes down 1% on a year earlier. Demand for capacity remains robust though, shown by a 12% rise in revenues at charterer Seaspan. Instead, the container-line sector may be suffering the same issue as the freight-forwarders – ...
Supply Chain Research
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