date:Apr 07, 2023
Container shipping companies' profit margins hit a two-year low in the fourth quarter of 2022, as rates and demand plunged. According to Alphaliner's latest report, margins fell from nearly 52% in the third quarter to 33% in the fourth.
There was a wide range of results at the individual carrier levels with Japanese carrier ONE at the top end of the range with a margin of 43.7%, while Taiwanese intra-Asia specialist Wan Hai Lines fell to the bottom with 11.6%.
Particularly, Wan Hai became the