News / Liner profits set to hit new high in Q2, but there are choppier waters ahead

With CMA CGM’s second-quarter results expected tomorrow, the cumulative industry profit will reach a new record, but it is likely to be the beginning of the end of carrier mega-earnings.

According to the release today of the latest HSBC global research report on the global container shipping sector, liner profits are set to plunge by more than 80% from their highs of this year – but it adds it still expects results will be “better than in the past”.

“There are signs ...