Global shipping lines have their best year since 2008 as economic reopening after Covid-19 spurs demand for goods

//Global shipping lines have their best year since 2008 as economic reopening after Covid-19 spurs demand for goods

Global shipping lines have their best year since 2008 as economic reopening after Covid-19 spurs demand for goods

The global shipping industry is getting its biggest payday since 2008 as a combination of booming demand for goods and a global supply chain that is collapsing under the weight of Covid-19 drive freight prices ever higher.Whether it is giant container ships stacked high with of 40-foot steel boxes, bulk carriers whose cavernous holds house thousands of tonnes of coal, or specialised vessels designed to pack in cars and trucks, earnings are soaring for ships of almost every type. With the…

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2021-09-12T09:11:17+00:00 September 12th, 2021|Business|Comments Off on Global shipping lines have their best year since 2008 as economic reopening after Covid-19 spurs demand for goods