Liners cut long-haul sailings, but 'it won't be enough' to stop rates tumbling
MSC and the Ocean and Premier container shipping alliances are withdrawing some transpacific and Asia-Europe ...
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© Tero Vesalainen
| Dreamstime.com
If revenues from ocean shipping have hitherto been the main financial focus for AP Møller-Mærsk (APMM) to fulfil its end-to-end container integrator strategy in supply chain, its logistics proposition definitely needs to pull its weight sooner rather than later in order to strengthen the group’s earnings power.
That’s one immediate takeaway from leading coverage in this week’s Alphaliner report, which ran comprehensive analysis on first-half operating profits (or Ebit) of nine, listed box lines that compete with emboldened market leader MSC ...
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