Based on the freight rate development of the first 3 quarters of this year many top 10 Shipping Lines are now predicting even higher results for the remainder of this year.

In the first 6 months EBIT margins averaged just over 35% with a few specific Carriers even between 45 and 50%. The revised forecast for this entire year is now roughly 150 billion US Dollars, which is more than Carriers made in the previous 20 years (which was just below 109 billion).

Despite the current rising costs it is believed and expected that stronger freight rates and persistent supply chain bottlenecks should return a fairly similar result in 2022.