Container shipping companies' stocks suffer a setback, but high shipping rates will be around for a while

Ongoing congestion means good profits will continue for lines, despite falling spot rates

The 17,800-teu Emma Maersk operates in the trade from Asia to North Europe where port congestion remains an issue.
The 17,800-teu Emma Maersk operates in the trade from Asia to North Europe where port congestion remains an issue.Photo: Maersk
Published 6 July 2022, 13:43Updated 6 July 2022, 13:43