Despite a prolonged freight recession driven by soft demand for container shipments and plunging carrier profits, the container shipping industry is bullish on prospects for 2024. Seventy-four percent ...
ZIM Integrated Shipping is bottoming, in my view. The company’s low debt balance sheet is a key asset during a recession. Even though earnings estimates continued to fall in December, ZIM has a very ...
The container-shipping industry may have finally hit bottom, a consulting firm that tracks the sector says. Now shipping lines hammered by sliding prices will need to weather a climb back to ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world’s biggest container shipping line on Wednesday called a tentative bottom to the woes afflicting the ...
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