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Largest shipping lines hit “a whooping” $80 billion profit so far this year

December 3, 2021

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As informed, all global shipping lines saw revenues increase substantially as a consequence of the record-high freight rates. In terms of EBIT, the companies made $37.24 billion in operating profit in the third quarter of 2021 alone.

Combined with the profit of $42.10 billion in the first half of the year, the numbers rise to carriers nearly $80 billion, according to the report. The data provided in the report include the largest shipping companies such as Danish shipping giant Maersk and French major CMA CGM.

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