Pre-Covid, the container shipping industry earned profits of $1 billion/quarter. With the arrival of Covid, however, profits soared. During 20Q4 they were $10 billion, in 21Q1 they hit $20 billion, by 21Q3 they were $48.1 billion, and in 22Q1, $58.7 billion. The peak, 22Q2 at a mind-blowing $63.7 billion, 145% more profit than Facebook, Apple, Google, and Netflix combined. In 22Q3 profit eased to $58.9 billion, still 1% of GDP!