Liner shipping is on course to return a cumulative profit in excess of $150 billion this year which, incredibly, is five times more than the sector has ever achieved. This is on the back of rates that have soared to highs never seen before. And although rates are beginning to slide, most experts believe they will remain at high levels for the remainder of the year and into early 2022.
Profits might be high but reliability has slumped significantly. Carrier on-time performance is languishing at...