Major box carriers sit on high liquidity coverage amid volatile markets
- Major carriers have an average coverage of 4.3 times business requirements
- Hapag-Lloyd, Maersk and CMA CGM have a total of $48bn debt capacity available
- Freight rate volatilities have hit less diversified carriers harder
Carriers with investments in ports and logistics sectors have seen less balance sheet volatility despite rollercoaster freight rates in recent years, says Standard Chartered
