Liner shipping stocks have remained remarkably resilient so far this year despite the ongoing threat of recession and rising interest rates.
All but a few liner shipping companies have seen sizeable increases in market capitalisation in the year to date.
That has enabled shareholders of Hapag-Lloyd, AP Moller-Maersk, Zim and Orient Overseas Container Line (OOCL) to pocket massive dividends even as the industry weans itself off its historic boom.
