News / It's a ‘crystal ball’ outlook for ocean carrier earnings this year

Photo: Zim

After two years of record profitability, liner industry ocean carriers are busy collating their earnings from what has been an extremely challenging first quarter.

The tailwind effect of unexpired higher contract rates is likely to see most lines achieve respectable results for Q1, but thereafter it may be a different story.

According to Blue Alpha Capital founder John McCown’s analysis of 2022 container shipping line earnings, the cumulative net profit for the carriers that report their results, and an estimate for those ...