Carriers earnings turned around from the losses in 4Q 2023 but EBIT earnings are
still down YoY except for the carriers with higher spot and long-haul exposure.
Aggregate average EBIT margin reached 8% with Asian carriers outperforming their
European counterparts, apart from the Intra-Asia focused Wan Hai and contract
heavy ONE which posted below-average results.
Zim is the last carrier to publish its 1Q results which is due on 21 May 2024.
Aggregated results for 9 carriers : CMA CGM, COSCO, E