Ocean carriers are still swimming in bathtubs of money


🚢 Ocean carriers are still swimming in bathtubs of money.

You get the picture. Record profits have been highlighted again and again as container carriers absorbed huge profits in the wake of the pandemic. The world’s second-largest shipping carrier, Maersk, is reporting a 52% increase in revenue as compared to this time last year - a whopping $21.7 billion. That means that net profits were $8.6 billion, a new quarter record.

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