Carrier earnings have peaked but will still top $200bn in 2022, according to Drewry’s latest Container Forecaster report.

The figure is even higher than an upgraded forecast of $190bn that the analyst expects the industry earn in 2021.

Drewry has significantly upgraded its forecast of Ebit profits for 2021 from an earlier estimate of $150bn. That followed an exceptional third quarter last year during which earnings for carriers “probably peaked”.