Shipping profits soar as export crisis continues

Annabelle Cleeland
Updated November 17 2021 - 11:21am, first published November 16 2021 - 12:57pm
China's COSCO group who enjoyed profits 32 times higher than the same period last year at US$21.54b, and a net profit of $US5.74.
China's COSCO group who enjoyed profits 32 times higher than the same period last year at US$21.54b, and a net profit of $US5.74.

There is no end in sight to the global supply chain crisis wreaking havoc on Victoria's agricultural exports, as the world's largest shipping companies report extraordinary profits.

Annabelle Cleeland

Annabelle Cleeland is a Stock & Land journalist. She has worked at Australian Community Media for more than a decade serving in a number of roles including editor, senior journalist and national sheep & wool writer. She runs a fine Merino wool property with her young family in North-East Victoria.

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