Tag: Profit


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

December 3, 2021

Via: Offshore Energy

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 […]


Tesla Hits Record Profit Despite Parts Shortage

October 20, 2021

Via: Transport Topics

Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history. The company said Oct. 20 that it made $1.62 billion in the third […]


COSCO Shipping International Bounces Back to Profit

August 13, 2018

Via: World Maritime News

Singapore-listed COSCO Shipping International saw its turnover from continuing operations jump by 271 pct in the second quarter of 2018. The logistics management company posted a turnover of SGD 40 million (USD 29 million) for Q2 2018, mainly driven by […]