Despite market uncertainty and a volatile geopolitical climate, the shipping lines have reported strong 2025-Q1 results. Nearly all major shipping lines (that report on their financial figures), have reported double-digit Y/Y revenue growth, while also recording a combined 2025-Q1 EBIT of USD 5.89bn.
If we look at a comparable set of shipping lines from 2012 onwards i.e., minus CMA CGM since they don’t have a 2025-Q1 figure, and minus ONE since they don’t have historical reference points, 2025-Q1 EBIT of USD 5.67bn, although significantly lower than the 2021-2022 pandemic period, is almost on par with the 2023-Q1 EBIT, and higher than the combined EBIT of the remaining years (2012-2020 & 2024). (....)