Profit margins of major carriers are now down at pre-pandemic levels

The average operating margin of nine major container carriers reached single digits for the first time in three years. However, there are significant differences between the companies.
China's Cosco Shipping Holdings had the best second-quarter earnings ratio. | Photo: Georg Wendt/AP/Ritzau Scanpix
China's Cosco Shipping Holdings had the best second-quarter earnings ratio. | Photo: Georg Wendt/AP/Ritzau Scanpix

Container shipping companies’ overall profitability took a dive in the second quarter.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading