NYK and K-Line also reported beginning of this week where both operators guided
the 91-92% YoY drop in the earnings from their container liner activities, in
line with what MOL guided.
Japanese shipping companies have the longest track record in guiding forward
container liner earnings, dating back to 2005-2007. Of the 16 years where all
three Japanese shipping companies have guided container liner earnings, the
actual earnings beat guidance in 8 years. Their actual earnings tend to track
bel