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Global Shipping Lines Post $60 Billion Profit in 2024, Outpacing Pre-COVID Levels - mfame.guru

Summary by mfame.guru
Major shipping lines reported a combined 2024 EBIT of $27.3 billion, significantly lower than the record-breaking 2021-2022 period. 2024 profitability surpasses pre-COVID years, exceeding the combined EBIT of 2019, 2020, and 2023. While 2024 profitability is well below the $200 billion EBIT seen in 2021-2022, the shipping industry remains highly profitable compared to pre-pandemic years. The $27.3 billion EBIT recorded by reporting carriers outp…
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mfame.guru broke the news in on Friday, March 21, 2025.
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