Q1 'better than expected' for Maersk – but 'there's more pressure to come'
Stronger-than-expected demand and continuing disruption from the Red Sea crisis produced a better-than-expected return for ...
The first numbers are in, and the initial prognosis is that terminal operators enjoyed a bumper 2021.
While container throughput growth was constrained by the red spots of congestion around the world that at times looked like a particularly savage case of acne on a teenage face, that same congestion is also likely to be the factor behind surging revenues and profit margins.
Hamburg-headquartered operator HHLA put it most succinctly, and candidly:
“Significantly higher storage charges during the year as a result of ...
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
FAK rate hikes holding, with strong demand into peak season predicted
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article