News / Day of reckoning approaches as box lines, adrift in a sea of red ink, report on 2013

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As the ocean carriers start to post their annual results for 2013, for some it will be a case of “same again”, as they continue to slow-steam in a sea of red ink.

Regardless of the timeline for reporting their fiscal results, stock markets have to be alerted, and/or reassured – in the case of China Shipping Container Lines, the Hong Kong and Shanghai-dual listed line has said in a note to the Shanghai Stock Exchange that it expects to declare ...