Shipping carriers’ profits surge amid building global trade momentum

A pick-up in demand, combined with high freight costs and low fuel prices, has prompted a significant rebound in performance for the main carrier companies and led to increasing concerns over container shortages.

“Our shipping activity has seen a significant increase in volumes transported compared to the second quarter of 2020," Rodolphe Saadé, CMA CGM Group chief executive officer said in a statement...

Published

Cristina Belda

November 25, 2020

16:26 GMT

London