Ocean shipping can pocket huge profits
This year could be a big year for ocean shipping companies, as they could pocket up to 100 billion USD in profits in 2021, origo wrote. In addition, analysts say the profitability of companies is already assured in the medium term, due to supply shortfalls in the maritime transport industry.
In recent months, the shortage of shipping containers has been a major theme in the global economy, causing severe headaches in many industries. So much so that it even came up that this year’s Christmas toy shipments could be in jeopardy. (origo)
Related news
Hungarian-Saudi trade and tourism relations are becoming closer
The Hungarian Chamber of Commerce and Industry (MKIK) aims to…
Read more >Investor survey: global business sector’s expectations for world economic growth this year are deteriorating markedly
The global business sector’s expectations for this year’s global economic…
Read more >In the Shadow of a Tariff War – Will American Protectionism Upend the Global Economy?
The trade conflict between the United States and China, which…
Read more >
More related news >
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >