Surge in Profits for Container Shipping Not Sustainable

  • There is money to be made by both carriers and tonnage providers as volumes defy usual seasonality and remain strong into the fourth quarter of the year.
  • On top of that, low bunker prices –, one of the keys to high profitability this year – look set to stick around.
  • However, with COVID-19 cases on the rise again, and a slow recovery the outlook for next year, things aren’t all rosy for container shipping.

Peter Sand writes for BIMCO about the surprising profits for container ships during this...

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