Analysis by shipping consultancy Drewry suggests carrier profits, far from diminishing this year, will rise again as the Omicron variant disrupts supply chains and new contracts are brought into the equation.
Based on what is expected to have been yet another new record for ocean carrier profitability in the final quarter of the year, Drewry has again upgraded its cumulative liner profitability guidance for last year, from $150bn to $190bn.
The consultant …
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Source: The Loadstar