Maersk's Revenue in the Fourth Quarter Exceeded Expectations
In the fourth quarter of 2021, Maersk's average freight increased by 80% compared with the fourth quarter of last year. One report from Maersk pointed out that its strong performance in this quarter reflects the continued abnormal situation in the shipping market caused by the interruption of the global supply chain and the further rise of container freight rates. Based on the latest global container shipping report released last week, some expert analysts estimated that port congestion will continue until the first half of 2022. And the widespread presence of the Omicron variant adds further uncertainty to the port's cancellation of COVID-19 related control measures. It’s easy to guess that the rise of freight will be a continuing trend in the near future.
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