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Ocean carriers likely to see $200 billion profits in 2022
Ocean carriers likely to see $200 billion profits in 2022
Ocean carriers are likely to report a combined profit of $200 billion (at a margin of 37 percent) in 2022 against the revised estimate of $190 billion in 2021, according to maritime consultancy Drewry in its latest Container Forecast report.

Ocean carriers likely to see $200 billion profits in 2022

January 24, 2022: Ocean carriers are likely to report a combined profit of $200 billion (at a margin of 37 percent) in 2022 against the revised estimate of $190 billion in 2021, according to maritime consultancy Drewry in its latest Container Forecast report.

While Drewry feels 3Q21 probably represents the peak quarterly earnings for carriers, quarterly results in 2022 will stay on a more even keel that will average out slightly higher. "Our revised estimate for this year now stands at $200 billion (margin 37 percent).”