Comment / On the wires: Margins peak nears as liner profitability hits new highs

Now that the final results are in for the second quarter in ocean shipping – CMA CGM is always the last to declare its financials, almost as if it is waiting to fully assess what the others say – here come a few words of comparison on the first quarter (Q1) and other trends since Q4 20, which at the time, if you recall, was easily defined as phenomenal.

With hindsight, it wasn’t. Q2 21 was, however, both in absolute and ...