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2022-07-06 14:28:59 By : Mr. Kook Hu

Ongoing congestion means good profits will continue for lines, despite falling spot rates

Container shipping equities have broken a three-year winning streak, dropping by around one-quarter since the start of the year.

But ongoing supply chain issues mean the sector will continue to perform better this year than last year, according to equity and container shipping analysts.

The bullish prognosis issued by Drewry Maritime Financial Research (DMFR) follows a worrying drop in the market capitalization of stock-listed companies this year.

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