President Joe Biden may have been “viscerally angry” with liner companies for making record profits, but it has not stopped the US government paying billions of dollars to these same companies in lucrative charter fees.
The US Department of Defence (DoD) recently confirmed that it was exercising charter options with 10 separate liner companies worth a total of $768m.
This means that these same liner companies will have earned over $3bn in revenue from the US government over the lifetime of these contracts.
