Mærsk Line shoots to the bottom of earnings/teu league
Carriers’ unit earnings tell the story
If for a moment we forget that two star performers – shipowner Danaos and shipping line ZIM – actually exist on the stock market in the T&L sector, there’s only one winner in shipping and logistics year-to-date: US-flagged Matson, or MATX, according to its ticker.
After deserving a massive round of applause already from Premium in November 2020 (read this), when the stock changed hands at about half its current price of $107 (52-week low: $59.65), its sweeeeeeetness remains hard to ...
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