Following the “trend” of the last quarters and years, container lines have recorded very strong operating profits once again in the first quarter of 2022.
The combined operating profit of global carriers (those providing financial information), according to Danish container analysts of Sea-Intelligence, was US$43.9 billion in the first three months of the year.
“If we put it in perspective, this Earnings Before Interest and Tax (EBIT) is not only higher than the combined EBIT of the first quarter...