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Container lines’ profit margins down in 2022
date:Apr 07, 2023
lines with more capacity on the transpacific trades such as ZIM, HMM, COSCO and OOCL.

COSCO Shipping Line achieved US$20.3 billion in profit in 2022, with its subsidiary OOCL contributing nearly half that figure. On its own, OOCL would have posted the highest profit margin of the major lines in 4Q 2022, at 49.5%, despite operating a fleet of 747,000 TEU, compared with COSCO's 2.16 million TEU.

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