Asian Equities Analyst, Logistics & Transport

Tracking Traffic

Focusing on Asian logistics, transportation, and travel companies

Pair Trade Idea: Short Evergreen Against Long Maersk / ZIM

Monthly Container Shipping Tracker | February Spot Rates Strong | Volume Firm, Too | (March 2024)

Monthly Container Shipping Tracker | March Volumes Strong | Q1 Margins Likely Up Y/Y (April 2024)

Monthly Container Shipping Tracker | Rate Momentum +ive | Throughput Up, Too | (January 2024)

Maersk FY23 Meets Guidance | But FY24 Guidance & Commentary Rock Hopeful 'Glass Half-Full' Investors

Spot Container Rates Surge | New Fees Also Boosting Carrier Revenue | Increases Could Lift '24 Rates

TS Lines Pre-IPO | Slimming Down Fleet | Intra-Asia Market Update | Latest From Key Comp Wan Hai

TS Lines Pre-IPO | Like Wan Hai Lines, but Smaller | Intra-Asia Update | Approaches to Valuation

Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Equity Bottom-Up

<ul>
<li>January pricing momentum improved, helped by more operating days &amp; re-routes</li>
<li>Throughput growth remained strong last month, including +18% into WC ports</li>
<li>Near term reality far rosier than downbeat view from industry giant Maersk</li>
</ul>


January pricing momentum improved, helped by more operating days &amp; re-routes
Throughput growth remained strong last month, including +18% into WC ports
Near term reality far rosier than downbeat view from industry giant Maersk


ZIM Integrated Shipping Services (ZIM US)

Monthly Container Shipping Tracker | LNY Timing, Red Sea Re-Routes Boosted Revenue | (February 2024)

Evergreen Marine Corp

Monthly Container Shipping Tracker | LNY Timing, Red Sea Re-Routes Boosted Revenue | (February 2024)