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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.

Saudi arabiaGreg millerOmar noktaKlaus michael kuhneRolf habben jansenMoller maerskHabben jansenIsrael based zimFreight waves

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 arabiaMoller maerskKlaus michael kuhneOmar noktaRolf habben jansenHabben jansenIsrael based zimHapag lloydShipping line

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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