Time to take stock

摘要

According to recent reports, the share prices of liner shipping companies have increased by 44% on average in the past 12 months and this despite record fiscal losses (see 'Analysis', pp8-9).rnI found this interesting reading, particularly given the continuous stream of pessimistic trade analyses and media reports about the container industry's prospects.rnOcean carriers are still suffering losses despite achieving increases in spot market freight rates since the summer.