- Major shipping lines reported a combined 2024 EBIT of $27.3 billion, significantly lower than the record-breaking 2021-2022 period.
- 2024 profitability surpasses pre-COVID years, exceeding the combined EBIT of 2019, 2020, and 2023.
While 2024 profitability is well below the $200 billion EBIT seen in 2021-2022, the shipping industry remains highly profitable compared to pre-pandemic years. The $27.3 billion EBIT recorded by reporting carriers outperforms the total profitability of 2019, 2020,...
https://mfame.guru/global-shipping-lines-post-60-billion-profit-in-2024-outpacing-pre-covid-levels/