Shipping companies now receive the highest revenue since 2008

    04 Oct 2021

    The world’s shipbuilding industry has been generating the most revenue since 2008. Due to increased demand and supply disruptions, market prices have risen sharply, Bloomberg states.

    Demand is rising and the global supply chain is suffering from a pandemic that raises the prices of shipping services.

    According to Clarkson Research Services Ltd., one of the world’s largest shipping brokers, the industry’s revenue is now the highest in 13 years.

    The only thing that lags behind is the markets for gas and oil tankers.

    Container transportation has become a real “golden home” – their prices are growing at a record rate.

    Now the delivery of a 12-meter box from China to Europe costs $ 14 thousand 287.

    This is more than 500% more expensive than last year. Because of this, A.P. Moller-Maersk A / S, one of the largest container lines in the world, has increased expected revenue by $5 billion in 2021.

    Rates have also increased for Balkars and ships carrying industrial goods. Here, income has reached an 11-year high and has no plans to decline.

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    By the way, container ship Ever Given returns to the Suez canal for another attempt. Want to know more? Check it here!

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