The major shipping lines (that report financial figures) made a staggering USD 124bn in operating profit in 2021, following that up with nearly USD 122bn in the first three quarters of 2022 alone. Of this, the 2022-Q3 figure was of USD 35.6bn so far (minus CMA CGM who have published their EBITDA but not their EBIT/operating profit). Figure 1 shows the Q3 EBIT/TEU for 2010-2022, for the major carriers that report EBIT and global volumes. The figures for 2021-Q3 and 2022-Q3 dwarf those of the previous years, with some of the carriers seeing a substantial increase Y/Y in 2022-Q3. ZIM was the only carrier with a Y/Y decrease, but still with one of the strongest 2022-Q3 EBIT/TEU figures. (....)