Record profits once again in sight for major container lines – though several risks point downwards

Although liner companies will probably set a new earnings record this year, several factors threaten to put a damper on demand. Analysts warn against drawing too many conclusions based on the first quarter.

Photo: Michael Lindner/Port of Hamburg Marketing

Although container shipping companies – with Maersk as the most recent today – report heavy advancement in earnings due to soaring freight rates, demand could be on the way down, says analyst firm Drewry.

The consultancy today presented an updated outlook for the container market, where it would otherwise expect carriers to beat last year’s record earnings and book an ”incredible” operating profit in excess of USD 300bn for 2022.

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