TORONTO : John McCown’s Blue Alpha Capital said that the container shipping industry reported a $9.9 billion net profit in the first quarter of 2025. This represents a 36.4% or $5.7 billion decrease over the preceding quarter with earnings standing at $15.6 billion in Q4 2024.
The results of 11 listed companies, comprising 64.5% of the total showed a net profit of $6.4 billion. Three of the companies are the container sector results of Mitsui OSK Lines, NYK, and K-Line, the three shareholders . . .
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