Carrier ‘gravy train’ steams ahead, thanks to congestion and new contracts

Capt. John

Despite a weakening in demand, ocean carriers will bank another $200bn of profit between them this year.
In its latest Container Forecaster report, maritime consultant Drewry said it was downgrading its 2022 outlook for world port throughput to 4.6%, from its previous assessment of 5.2%.
This is due to “fast-rising inflation” and ongoing supply chain bottlenecks which, it said, were “conspiring to slow the pace of growth”.
Nonetheless, Drewry says it expects the …

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