Hapag-Lloyd: a 'pretty good first quarter' – but trend for 2025 'pretty uncertain'
As it presented its first-quarter financial results today, Hapag-Lloyd cautioned that any cargo surge following ...
© Ekachai Lohacamonchai
By Mike Wackett
Despite overcapacity fears from a flood of newbuild ultra-large ships, as well as recent container spot rate erosion, analysts have a surprisingly positive outlook on profitability for container shipping this year.
In fact, Drewry said: “The reality of supply growth in 2018 is far less frightening than it was previously.”
It said that due to a number of deferrals and slippage of newbuild tonnage, the “real world” of an influx of between 1m and 1.2m teu will be “largely manageable” and would not ...
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