Group revenue slipped 2% despite resilient global demand.
EBITDA fell 21%, showing clear pressure on profitability.
Net profit dropped 58%, marking a sharp earnings reset.
Container volumes reached 24.2M TEU, up 2.8%.
Average freight revenue per TEU fell to $1,414.
Shipping margins eroded as capacity growth weakened pricing power.
🏅Maritime Analytica: "2026 will test carriers on margin defense, not volume ambition alone; lines with stronger terminals, logistics integration, disciplined capacity management, and premium cargo exposure will outperform in structurally weaker pricing markets."