The shipping company has made a profit! Global shipping industry profits may soar 5 times!

In the past year, the global shipping market continued to be hot, international ports were congested, containers were hard to find, and shipping prices continued to soar. On the other hand, the shipping companies on the cusp of the storm have increased their profits, and the wages of the industry have also risen.
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Profits soar!
Some shipping companies have year-end bonuses up to 40 times the average monthly salary

Recently, Evergreen Shipping, the largest shipping company in Taiwan, issued year-end bonuses to employees. According to local media reports, the average bonus amount is as high as 40 times the monthly salary.

According to the report, the first reaction of many employees when they saw the account was: Have you read it wrong? I have never seen so much money! Taking an employee with a monthly salary of NT$60,000 as an example, the year-end bonus is as high as NT$2.4 million, or about RMB 550,000, and the general commissioner can also get a year-end bonus of NT$1.5 million, or about RMB. 350,000 yuan. For a time, the year-end awards in the shipping industry became the focus of envy of the whole network.

Taking advantage of the east wind of the global shipping market, major companies in the industry chain have made a lot of money. On January 14, the global shipping giant Maersk Group estimated that the actual profit of the previous year would reach 24 billion US dollars (about 152.5 billion yuan); COSCO SHIPPING Holdings' net profit in the first three quarters of 2021 was 67.59 billion yuan, a year-on-year increase of 1651%; CIMC Group's net profit in the first three quarters of 2021 was 8.799 billion yuan, a year-on-year increase of 1161%.

It is far more than just shipping companies that make money. In 2021, in the face of difficulties such as the "big ship jam of the century", the rebound of the epidemic, and the lack of employees, the annual revenue of the Suez Canal Authority still set a new record, reaching 6.3 billion US dollars (approximately RMB 400). 100 million yuan), a year-on-year increase of 12.8%.

In fact, after the "big ship jam of the century", the canal trade has not been affected continuously, and the traffic volume has increased instead of falling. The relevant departments are actively developing the waterway. Recently, the Suez Canal Authority has raised prices by 6% for 2022 in response to the huge demand for shipping.

Data show that in 2021, the global shipping industry is expected to set a new record in profits, exceeding US$150 billion (about 952.9 billion yuan). In 2020, this figure is only 25.4 billion US dollars (about 161.4 billion yuan), a year-on-year increase of nearly 5 times.

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Freight soaring, one box is hard to find

Foreign trade companies are forced to use "big moves"

2021 is the golden age of the global shipping industry, but it may also be the darkest year for many foreign trade companies. The doubled shipping prices and the congested ports have caused headaches for foreign trade companies.

On January 13, a container truck stopped in front of a musical instrument foreign trade company in Foshan, Guangdong. This is an empty container that everyone has been waiting for for a long time. After two months, the musical instruments in the warehouse can finally go to sea by boat. On to the client. In addition to the difficulty of finding a box, the doubled shipping price is a common pain point for foreign trade companies recently.

The Ningbo Export Container Freight Index shows that recently, the freight rate of Southeast Asian countries has reached the highest level in history.

Staff of a logistics company in Singapore: The price of a container in Singapore may have increased by 3 to 5 times, and some routes can even be 10 times.

In order to save costs, foreign trade companies have come up with various tricks, using all kinds of knowledge of geometry and physics, just to pack a few more boxes of goods at a time, and employees of one company even use the ultimate trick, the jack.

The Baltic Sea Freight Index shows that in the past year, the standard freight rate for routes from Asia to North America has increased by 6 times year-on-year, and the highest price from Shanghai to Los Angeles has soared nearly 12 times year-on-year.

In addition to the freight, the more troublesome thing is the ship jam. Chinese Liang Liang is engaged in import and wholesale business at the Port of Los Angeles in the United States. Most of his goods are clothes and toys imported from China. The daily changing shipping prices make him anxious every day.

Andy Yi is the executive director of a logistics company in Singapore. Due to port congestion, goods are often not loaded and unloaded in time. Although more than 20 employees are specially arranged to be on call at any time, the goods cannot be guaranteed to arrive on time.

In December 2021, the port of Singapore was congested again, and the waiting time for ships was extended from the previous 2-3 days to 7-10 days. Congestion at U.S. ports has also been slow to improve.

Between now and 2023, high sea freight prices are expected to increase global import prices by as much as 11 percent and consumer prices by an average of 1.5 percent, the UN report said.

Kang Shuchun, President of the International Freight Forwarding Branch of China Federation of Logistics and Purchasing: The situation that one box is difficult to find and one box of ten thousand gold is a huge restraint for international trade, which will shrink the entire trade market, and there may be a long-term future in the future. ice age.

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The three major indicators of China's shipbuilding industry continue to maintain the first place in the world

According to data released by the China Shipbuilding Industry Association today (16th), in 2021, the three major indicators of my country's shipbuilding industry will continue to rank first in the world. (News link: No. 1 in the world, No. 1 in the world, No. 1 in the world!) With the continuous increase in shipping capacity, the global maritime industry pattern is also quietly changing.

On January 5, 2022, Mediterranean Shipping Company, located in Geneva, Switzerland, officially surpassed Denmark's Maersk Group to become the world's largest container liner company. At present, the total shipping capacity of MSC has exceeded 4 million TEUs, accounting for 17% of the global container shipping market.

With the rise in freight rates, the world's major shipping companies have been buying and selling over the past year. On November 5, 2021, Evergreen Shipping announced to order two 24,000 TEU container ships from Jiangnan Shipyard. deliver.

Kang Shuchun, President of the International Freight Forwarding Branch of China Federation of Logistics and Purchasing: The freight rate has increased, so there is a period of huge profits under the current circumstances. Driven by interests, a large number of shipbuilding and buying ships are now increasing.

Also hot is the container manufacturing industry. Recently, the person in charge of a large container manufacturing company in Shanghai said that it took his company six years to achieve the first one million containers, and only two years to break through the five million containers.

Data shows that there are currently about 328,000 container-related enterprises in my country, and nearly 78,000 related enterprises will be newly registered in 2021, a year-on-year increase of 61%. However, at the moment when the shipping situation is hot all over the world, some calm voices have begun to appear.

Kang Shuchun, President of the International Freight Forwarding Branch of China Federation of Logistics and Purchasing: The total international trade volume will probably reach 12.4 billion tons in 2022. Due to the huge benefits in 2021, many shipping companies are buying ships and building ships, and the number of new orders has increased by 94% to 95%, which may become a huge and indigestible market in the future.