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Shipping line earnings preview: A mix of black, red and very red ink

Cosco earned more than $800 million in the third quarter, while one analyst expects Zim to lose more than $200 million. The post Shipping line earnings preview: A mix of black, red and very red ink appeared first on FreightWaves.

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Container lines paid out billions in boom-time profits via dividends | Hellenic Shipping News Worldwide

Container lines paid out billions in boom-time profits via dividends | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Container lines paid out billions in boom-time profits via dividends

Unprecedented supply-demand imbalances amid the pandemic led to historic dividend payouts by container shipping lines. The post Container lines paid out billions in boom-time profits via dividends appeared first on FreightWaves.

Saudi arabiaGermanyChinaChileDenmarkQatarChineseMoller maerskKlaus michael kuhneOmar noktaRolf habben jansenCoscoMaerskHabben jansenIsrael based zimHapag lloyd

EU shipping lines are paying less than 2% tax on record profits

Special “tonnage tax” systems tax shipping lines based on the size of their fleets, not their profits.

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Blockbuster container shipping results collide with sinking sentiment | Hellenic Shipping News Worldwide

Zim, the world’s tenth largest container shipping line, posted the best quarterly results in its history on Wednesday. It hiked its full-year guidance and now predicts 2022 earnings will be around 20% higher than in 2021. And yet, shares of Zim by far the largest U.S.-listed shipping company by market cap fell as .

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