COSCO, Mitsui-OSK Show Container-Lines’ 5 Quarter Margin Streak May Struggle in 2018 — Panjiva
MENU

COSCO, Mitsui-OSK Show Container-Lines’ 5 Quarter Margin Streak May Struggle in 2018

Corp - Shipping 1027 Earnings 759 Global 1391 Mode - Seaborne 1845

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-forwa...

Copyright © 2025 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.