Drewry, an independent maritime research consultancy has recently revised its projections of profits by container lines to a massive high of US$150 billion for 2021, which is being described as an ‘eye-watering’ figure.
“Stronger than expected spot rate movement in 3Q21 and a longer supply chain recovery timeline are behind our reason to upgrade the outlook,” explained Drewry, which, earlier in July, forecasted the combined profit for the year to reach the US$100 billion benchmark.
The new...
https://container-news.com/container-lines-set-to-make-record-profits-worth-us150-billion-in-2021/