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Asia Pacific Japan MOL

MOL revises full-year forecast up on container shipping boom

Japanese giant predicts $2bn net profits for its 2021 fiscal year, while Sea-Intelligence sees the ‘inexorable increase in freight rates appears to continue with no end in sight’

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MOL said cargo movements and spot freight rates in box shipping have both “considerably” exceeded the company’s assumptions

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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