Container lines earn at least USD 500 per container in second quarter of 2021

The world's 11 largest container carriers earned at least USD 500 per container in the second quarter, generating aggregate operating results of more than USD 24 billion, writes Sea-Intelligence.

Photo: PR-FOTO

The overheated freight market has triggered record results for all major shipping lines after a second quarter that proved more lucrative than the already strong first quarter.

With all shipping majors having presented their results, Sea-Intelligence assesses the development from a historical perspective.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Extreme container rates can push shippers into bankruptcy

Extreme container freight rates might lead to a string of bankruptcies for companies without transport deals, says shipping analyst Lars Jensen in an analysis to Shippingwatch. Particularly smaller fashion brands are under pressure, according to trade organization.

Containers piling up at Port of Felixstowe

Efficiency is dropping at UK container port Felixstowe while containers are piling up, according to Vesselsvalue. Some carriers are now opting to divert their vessels away from the port.

Multipurpose market red-hot but short on capacity

With acute shortages of capacity, bottlenecks and ensuing delays have continued to affect the multi-purpose sector, where containers are lucrative goods. The rates are currently record high, according to an analysis from Toepfer Transport.

Further reading

Related articles

Trial banner

Latest news

See all jobs