Container carrier operating margins worst in five years prior to Red Sea crisis

Several lines were headed for financial trouble before Houthi attacks turned markets around

Maersk recorded the worst operating margin in the final quarter (-12.8%) but remained positive for the year. — Maersk recorded the worst operating margin in the final quarter (-12.8%) but remained positive for the year.Photo: Suez Canal Authority

Ian Lewis

London

Published 20 March 2024, 12:28Updated 21 March 2024, 12:27

AP Moller-Maersk Hapag-Lloyd Ocean Network Express Evergreen Marine Corp Wan Hai Lines