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Boxlines on course to post all time high earnings in 2010

Paris: Major boxlines are on track to post record profits of $13bn this year, a dramatic turnaround from last year's combined $15bn loss, according to French analysts Alphaliner.
The third quarter of this year was the best three months ever in the history of container shipping, Alphaliner said, with 18 major carriers who publish their financial results showing a combined $6bn profit. In the same period in 2009 the carriers lost $4bn.
"The recovery has proven to be swift, and all major carriers will end this year on a profitable note," Alphaliner said.  [01/12/10]

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