News / Investors seeing 'inverse correlation' between liner profits and war in Gaza

ONE Suez Canal

By Alexander Whiteman

19/06/2024

Shareholders are hoping their container line will not be the first to resume Red Sea transits, analysts say, after a dip in liner equities following the UN Gaza ceasefire resolution of 10 June.

Maersk, Hapag-Lloyd and ONE all experienced dips in share price recently, while Clarksons Securities’ indices highlight losses of 5% last week and 9% since.

Liner profits and the war in Gaza now appear inversely correlated, said Clarksons Securities analyst Frode Mørkedal in a ...

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Topics

AP Moller - Maersk Hapag-Lloyd Ocean Network Express (ONE) Red Sea Crisis UK Maritime Trade Operations (UKMTO)

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