The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.
Whether it is giant containerships stacked with 40-foot steel boxes, bulk carriers whose cavernous holds house thousands of tons of coal or specialized vessels designed to pack in cars and trucks, earnings are soaring for ships of almost every type.