News / Carriers eye $100bn profits and are 'set up for years in a truly crazy market'

Ocean carriers could be on course to make a profit of $100bn this year.

And Drewry says their medium-term profitability is virtually assured, due to a paucity of supply.

Even with the flood of orders for newbuild containerships stemmed for delivery in 2023 likely to break all-time records for an injection of liner capacity – and potentially tip the supply-demand scales back in favour of shippers – carrier profits in the interim will see them “set up for years to come” says ...