Box bonanza to provide a decade’s operating profit in a year
Unaccustomed as they are to profitability, container line earnings could go close to $100bn this year
With volumes set to rise by 10% in 2021, and rates hitting record highs, box lines are putting aside a war chest that will see them through many years ahead. Even the swathe of newbuilding orders is unlikely to upset the current revenue projections
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