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Container lines’ profit margins down in 2022
date:Apr 07, 2023
first liner operator to incur a quarterly loss since rates began normalising from pandemic highs when the Taiwanese company recorded a US$1.3 million net loss in 4Q 2022.

Year-on-year profit increases differed widely among the leading carriers: at the top end Hapag-Lloyd grew operating profits by 66% in 2022, while at the lower end, ZIM, Yang Ming and Wan Hai reported only single-digit increases or, in Wan Hais case, a decline in earnings.

This contrasts with 2021 when the top 10 carriers achi

12/19 18:09