The container industry is growing its profits
The global container shipping industry posted strong growth in the second quarter of 2024. This was reported by "Bloomberg", referring to the analysis of the industry.
According to the publication, the world's leading "A.P. Moller-Maersk A/S (Denmark) and Cosco Shipping Holdings Co. Net income of container shipping companies such as (China) almost doubled compared to the first quarter and exceeded 10.2 billion dollars.
In 2023, the revenue of the industry was equal to 8.88 billion dollars. Industry expert John McCown predicts further growth, given the stability of the international commodity trading market.
According to the publication "Bloomberg", the increase in revenue was also influenced by changes in shipping routes in the Red Sea.