Capacity discipline positions container lines for profitable year
According to the Splash 24/7 website, analysts at Copenhagen-based Sea-Intelligence have re-evaluated their liner profitability projections for 2020 on the back of the many positive interim results posted recently.
In its latest weekly newsletter, Sea-Intelligence suggests that if the global carriers can hold their nerve, they’re now collectively on course for one of their best years, “as much as USD12-15 billion in 2020, but the risk of a price erosion is now heightened.”
Photo courtesy of HMM
To read the full article on the Splash 24/7 website click here