Shipping & Logistics

HSBC: Slump in container shipping rates unavoidable

But analyst does not foresee a return to losses as markets normalize.

HSBC analysts expect a big drop in container line earnings and shipping rates. — HSBC analysts expect a big drop in container line earnings and shipping rates.Photo: PTP

Published 7 September 2022, 19:47Updated 7 September 2022, 19:47