The container shipping lines world over have posted much improved results
in the third quarter of 2017, driven by higher demand, Alphaliner has reported
in its analysis. It highlighted that this was their best showing since the
first quarter of 2015.
For the 11 carriers that reported Q3 results, the average operating margin
was 5 per cent, compared to 2.8 per cent in the second quarter of this year and
-7.8 per cent in the third quarter of 2016, Alphaliner said.
Meanwhile, Drewry’s Container Forecaster has projected that loaded box
shipments will cross 200 million TEUs for the first time ever in 2017.
Port volumes recorded a 7.7 per cent rise in aggregate throughput in the
quarter ended September 30, growing at their fastest pace since 2011, according
to Alphaliner, the global agency that tracks container movement.
Through its survey, which covers more than 200 ports that account for over
75 per cent of global container volumes, Alphaliner saw that the strong
third-quarter growth figures surpassed the growth rates of the previous two
quarters, which stood at 7.4 per cent and 5.8 per cent, respectively.
Full year growth estimate for 2017 has thus been adjusted upwards to 6.4
All regions posted improved year-on-year growth, led by Latin American
ports which recorded the highest growth rate of 10 per cent in the third
quarter. The strong volumes recovery could lead to a major revamp of Asia-South
America services in the coming months
Mexican ports led the way with growth reaching 15.2 per centduring the
period, with notable gains in Manzanillo, Lazaro Cardenas, Veracrus and
Altamira, while ports in Panama recorded an 11.1 per cent gain.