Tag: shipping lines

December 3, 2021

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 […]

July 6, 2021

All the experts said spot ocean rates would pull back in the second half. The second half has now begun. Not only are spot rates not falling, they’re still rising. Much higher H2 spot rates than expected, combined with double-digit […]