bearish
Monthly Container Shipping Tracker | March Volumes Strong | Q1 Margins Likely Up Y/Y (April 2024)
445 Views21 Apr 2024 09:53
Container rate momentum remained +ive in March, & we believe carriers' margins probably improved Y/Y in Q124 (despite higher fuel expenses). Our L/S pair trade idea has worked -- but only barely!
What is covered in the Full Insight:
- Rate momentum and container throughput
- Fuel price and expected margin improvement
- Long/Short pair trade idea
- YTD performance of container carriers
- Upcoming Q124 results announcement from Maersk
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