Port congestion spurs liner share rally, large-caps proliferate

Port congestion is sending plenty of listed liners into large-cap territory. The number of publicly-listed container carriers with a valuation of more than $10bn has risen to six this week, with two more lines following closely behind, according to the latest data from Alphaliner.

The majority of container shares have risen between 15% and 40% since early July when the first week saw a general bottoming out in stock values after the previous slide.

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