News / 2018 may be a write-off as shocking H1 numbers all but sink the liner industry

© Vladimir Serebryanskiy

Just halfway through the Q2 reporting period, some $650m of red ink has been reported by ocean carriers to add to their $1.2bn deficit for the first three months of the year.

To date, niche operator Wan Hai is the only container line to post a net profit ...