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The achievement of shipping companies soared in the first half of the year and is expected to continue

Time:2021-09-07 Publisher:Kevin Num:3985

Due to some congestion in the international shipping supply chain, the shipping capacity is seriously insufficient. At the same time, the shortage of containers and container ships has led to a record high freight rate.

The freight of routes to the United States has exceeded 20000 US dollars, and the freight of some routes has exceeded the value of goods. This has greatly reduced the interests of many exporters and even lost money.

In contrast, shipping companies around the world. Due to the rise of freight and congestion surcharge, their performance made a new breakthrough in the first half of this year. Many shipping companies turned losses into profits.

According to the latest company financial report, Maersk, a shipping giant, made a net profit of $6.5 billion in the first half of this year; 

COSCO Haikong obtained US $5.7 billion; Dafei group also has a net profit of US $5.6 billion. 

They made a total profit of US $17.8 billion in the first half of the year.

Maersk achieved considerable performance in the first half of the year, with a net profit of US $6.5 billion

In the first half of this year, the company's performance maintained a strong growth trend, and the profit in the second quarter hit a new high.

According to the data, it had a total revenue of US $14.2 billion and a net profit of US $3.7 billion in the second quarter.

At the same time, Maersk adjusted its performance expectations for this year. It expects free cash flow to reach at least US $11.5 billion this year.

COSCO Haikong's net profit soared 32 times

In the first half of the year, due to the favorable situation of the shipping market, the revenue of its container business was significant, reaching 136.438 billion yuan, a year-on-year increase of 90.59%.

At the same time, its shipping business has also developed well. The completed freight volume is up to 13.8409 million TEU, which is larger than Maersk and Herbert.

The net profit of Dafei group exceeds 24 times

According to its performance report in the second quarter of this year, it has achieved an operating revenue of US $12.4 billion, a year-on-year increase of 77.2%. Net profit also reached US $3.5 billion, a year-on-year increase of 2458%.

The head of Dafei Group expects that this favorable situation will continue until the first half of 2022, and the performance will be further improved in the second half of this year.

Today, the freight price is rising, and the trend is not decreasing. The freight of some routes has increased nearly 10 times over last year. Some insiders pointed out that this trend will continue until 2023.

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