Transcription of ALPHALINER - files.irwebpage.com
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Subscription copy for Capital Link. Sent to Unauthorised re-distribution prohibited** The full newsletter is available by subscription. Please contact ** Chart of the week More cash needed as carriers sail into sea of red Average operating margins for the main container shipping lines slipped further into negative territory in the third quarter, dispelling any hopes of a profitable year for the container shipping sector in 2011. With few exceptions, carriers will end the year in the red with the fourth-quarter results expected to be even weaker than those of the third-quarter as volumes and rates are declining fur-ther due to the impact of the winter slack season. The average operating margins of the fifteen carriers surveyed by ALPHALINER fell to -9% in the third quarter compared to -8% in the second quarter of this year. Only one shipping line (Hapag-Lloyd) managed to avoid negative operating fig-ures for the period, while the remaining 14 carriers posted operating losses, with margins ranging from -3% to -25%.
gard among liner operators, to announce its exit from the container market af- ter losing $928 M in the last four years from its liner operations (based on Al- Alphaliner Weekly Newsletter is distributed every Monday. The newsletter is …
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Liner, Operators, Turbulent Waters for Ocean Carriers, Liner operators, Unclassified DAF/COMP/WP2/WD, Alphaliner, Critical Issues Facing Ports & Marine Terminal, Critical Issues Facing Ports & Marine Terminal Industry, FONASBA ANNUAL MEETING The containership, FONASBA ANNUAL MEETING The containership market, FONASBA ANNUAL MEETING, The containership market, Dry cargo Markets – Dry Bulk and