Container shipping stocks sunk by falling volumes and elusive demand

Persistently low freight rates sees another carrier pull out of the transpacific

The stockmarket rewarded Hapag-Lloyd shareholders on its terminal acquisitions, says Drewry. Picture shows the 19,870-teu Al Zubara (built 2015) calling at the Container Terminal Wilhelmshaven (CTW) on 13 June 2023,
The stockmarket rewarded Hapag-Lloyd shareholders on its terminal acquisitions, says Drewry. Picture shows the 19,870-teu Al Zubara (built 2015) calling at the Container Terminal Wilhelmshaven (CTW) on 13 June 2023,Photo: Hapag Lloyd
Published 20 June 2023, 13:55Updated 20 June 2023, 13:55
Wan Hai LinesZimHapag-LloydDrewry