Αll global ocean carriers saw revenues increase substantially as a consequence of the record-high freight rates, with year-on-year revenue growth ranging from 83.9% for Maersk to 274.1% for Wan Hai, αccording to data from Sea-intelligence.
In terms of earnings before interest and taxes (EBIT), the shipping lines made a whopping US$37.24 billion in operating profit in Q3 of 2021 alone, according to the Danish firm.
“Combine this with the 2021 first half operating profit of 42.10 billion, and the...
https://container-news.com/container-lines-report-record-profitability-in-the-third-quarter/