Liners add capacity to Asia-ECSA as ocean rates hit 18-month high
With Asia-South America ocean freight rates at an 18-month high of around $4,350 per 40ft, ...
“Amidst the pandemic and its impact on the industry, the 11 largest shipping lines saw unprecedented levels of operating profits in 2020-2H (…). In issue 518 of the Sunday Spotlight, we looked at whether the strong results for the large shipping lines continued in 2021-Q1. (…) To illustrate this improvement in profitability, figure 1 [read on] shows the ebit/teu for each of the seven carriers that report on both their ebit and their global volumes.” – Sea-Intelligence Consulting, 15 June 2021.
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