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Home > All news > Report & Analysis, Shipping > Sea-Intelligence : 2024-Q3 major carrier EBIT up 600% Y/Y

Sea-Intelligence : 2024-Q3 major carrier EBIT up 600% Y/Y

November 23, 2024
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Copenhagen - The major carriers have reported a combined 2024-Q3 EBIT of USD 17.06bn, which is a 600% increase Y/Y – the Y/Y increase is discounting ZIM who reported a one-time non-cash impairment loss of USD ‑2.06bn in 2023-Q3; including this figure would over-inflate Y/Y growth for 2024-Q3. This is on the back of a USD 6.12bn EBIT in 2024-Q2. 

Of these 9 reporting carriers, 8 have reported EBIT of over USD 1bn, of which 3 have reported EBIT of over USD 2bn. COSCO had . . .

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