Container shipping margins hit post 2023 low as analysts flag year-end losses
- Container carriers saw their weakest quarterly earnings since 4Q23, despite ongoing Red Sea crisis that previously boosted rates
- Asian carriers outperformed European peers, with Taiwan’s Wan Hai leading while Gemini partners Maersk and Hapag-Lloyd ranked near bottom
- Analysts expect further margin erosion and possible operating losses into year‑end
Container shipping margins plunged to their worst in 18 months despite Red Sea disruptions, as analysts warn of further erosion and possible year‑end losses
