Soaring box lines make market cap hay, but nowhere near C-19 highs for most
If the CAP fits…
Our journey through the troubled container shipping industry in Asia continues this week. Inevitably, I have to question how Taiwan’s Evergreen Marine Corp compares with compatriot Yang Ming Marine Transport.
Given that moral hazard risk has heightened, while rising doubts surround the balance sheets of some of the major box lines and their suppliers; in the latter part of this analysis I will also briefly touch upon whether stricter financial regulation could be actually needed in this debt-laden industry – reader feedback ...
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