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Shipping company's profit in the second quarter is expected to continue to grow

Release time:

2021-07-30

The prosperous situation of the container shipping market will continue for a longer time. The profit of the shipping company in the first quarter of this year is expected to increase to several times that of the fourth quarter of last year, and the profit in the second quarter will be equal to or even higher than that of the first quarter.

After the Spring Festival, the congestion problem of European and American ports has not been alleviated as expected. Instead, it has spread everywhere. Major international ports such as Los Angeles, Oakland, Rotterdam, Hamburg, Felice Du, Liverpool, and Le Havre continued to be congested. Singapore is not immune.

Although the current shortage of containers has improved, it is estimated that as the volume begins to increase at the end of March, it will return to the original situation in April.

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