Liner shipping stocks plummet as ceasefire hopes cool investor sentiment

Investors offload stocks in liner companies as earnings outlook upgraded

AP Moller-Maersk CEO Vincent Clerc is finding it a struggle to prop up the company’s share price. — AP Moller-Maersk CEO Vincent Clerc is finding it a struggle to prop up the company’s share price.Photo: Scanpix

Ian Lewis

TradeWinds correspondent

Published 30 July 2024, 13:33Updated 31 July 2024, 10:41

Hapag-Lloyd AP Moller-Maersk Container freight rates Zim