peter5300

peter5300 t1_je0m6zq wrote

Reply to Who is taking the extra profit here? by n1ck90z

  1. shipping = seasonal
  2. container prices now have their ‘normal pattern’ again.
  3. 2020/2021/2022 due to COVID, harbour closings,…. It were exceptional circumstances and exceptional prices. Look at 2015 - 2020 and you will see the ‘normality’ again in 2023
  4. at these levels container companies are still making money, even in the low-price season (winter)
  5. I did not understand the question. Who makes the profit? There is no ‘extra’ profit. If you take longterm, you pay more then spot today, but less then spot in 5 months. You pay average.
  6. want to invest in container business? ZIM shipping holds around 30$ cash per share, and the share price is 22$. And they are profitable. And they pay strong dividends. A no-brainer!
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