Splash Extra

When will real profits return?

Splash Extra does not hold much hope for box shipping for this year and next

Having dealt successfully with diminishing volumes throughout the first half of 2020, the big question is inevitable – when will liner companies become profitable again? For real that is, not only on an EBITDA before any relevant cost level. 

As revenues are massively reduced, alongside bunker fuel costs fortunately, all liner companies are still operating networks with dramatically reduced capacity. Splash Extra projects that profits will only return for Chinese New Year next...

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