Shipbuilders struggle to get out of the red despite multi-billion dollar orders
The shipbuilding industry’s eternal capability to lose money even when raking in billions of dollars of orders forms a key plank of broker BRS’s annual review. The 170-page report, one of the shipping market’s must-reads every year, covers all the main segments of the industry. On the shipyard business, BRS stated: “Shipbuilding is not an […]
Liner profits smash all records
The earnings before interest and taxes (EBIT) liner shipping has made in the past three years are more than the combined profits of the previous 63-year history of container shipping, according to new analysis by Sea-Intelligence. Sea-Intelligence experts have estimated the liner sector made an EBIT of $208bn last year, having racked up $164bn, and […]
