As liftings fall, ocean carriers still earning more bucks with less bang

Port congestion and other network disruptions mean ocean carriers now need more ships to transport the same amount of cargo than they did pre-pandemic.
However, despite the significant extra costs of the additional tonnage, net earnings for shipping lines continue to be turbo-charged by soaring freight rates, a consequence of tight supply and demand growth.
A survey of carrier cargo liftings in the first quarter by Alphaliner shows volumes took a surprise …

The post As liftings fall, ocean carriers still earning more bucks with less bang appeared first on The Loadstar.

Source: The Loadstar

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