Unlikely a surprise to the market, liners are reporting sequentially lower 4Q
2023 results, which is in line with CCFI while the QoQ rebound in SCFI will
likely only show in the liners' book in 1Q 2024. While the 4Q results may not be
pleasing to look at, everything changed since the second half of December.
COSCO reported earning alert, OOCL reported top line breakdown while the
Taiwanese liners reported their December revenue this week.
COSCO alerted 68% QoQ lower earnings during 4Q while O