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Will the ocean carriers’ cash machine help or hurt shippers?

Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices. But will this exceptional transfer of cash be put to good use? The latest quarterly results announced by top container carriers highlight the reversal of fortunes for an industry that ...

The post Will the ocean carriers’ cash machine help or hurt shippers? first appeared on Hellenic Shipping News Worldwide.

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Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices. But will this exceptional transfer of cash be put to good use? The latest quarterly results announced by top container carriers highlight the reversal of fortunes for an industry that ...

The post Will the ocean carriers’ cash machine help or hurt shippers? first appeared on Hellenic Shipping News Worldwide. [post_title] => Will the ocean carriers’ cash machine help or hurt shippers? [post_excerpt] => Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices. But will this exceptional transfer of cash be put to good use? The latest quarterly results anno... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => will-the-ocean-carriers-cash-machine-help-or-hurt-shippers [to_ping] => [pinged] => [post_modified] => 2022-02-23 22:00:57 [post_modified_gmt] => 2022-02-23 22:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=913090 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )