Trouble on the horizon for US box ship building
NewsAs Matson christens the largest container vessel ever built in the US, the Philly Shipyard faces an uncertain future.
Matson in the money
Matson has joined the list of container carriers booking record revenues and profits in 2021. The company recorded a 69% increase in revenue from ocean transport services to US$3,132.8M last year. Operating income jumped by a massive 364% from US$244.8M to US$1,137.7M and its operating margins rose from 13.2% to 36.3%.
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