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News / Carriers ditch constant chase for market share in a quest for profits

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Zim’s return to the black in Q2, the carrier’s first net profit since Q317, confirms a trend of container lines giving up their chase for market share in favour of profitability, according to analyst Lars Jensen.

“Zim has followed the path of trading lower market share ...

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  • Gary Ferrulli

    August 29, 2019 at 2:59 pm

    The last point on what the carriers do if a global recession hits, hopefully the carrier
    management can recall what they did in late-2009 and throughout 2010. They anchored over 600 vessels and went from losing $21. Billion in 2009 to making $8. Billion in 2010. There is a significant clue on what to do just in case they don’t have the memories.

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Asia-Europe Container Rates Financial footings