Network restructuring cascading larger vessels onto Intra-Europe trades
Container lines are increasingly deploying larger vessels on intra-Europe routes, with the number of ships ...
dreamstime
“We had a good start to 2019. In Q1, revenue grew by 2.5%, operating earnings improved by 33% and cash flow from operations doubled to $1.5bn. With a strong free cash flow of $3.5bn after the sale of the remaining shares in Total SA, we have significantly strengthened our balance sheet. The net interest-bearing debt is reduced by $2.4bn since Q4 and by $7.1bn since Q1 2018.” – Søren Skou, CEO of AP Møller-Maersk (APMM).
On the wires is a new essential ...
Comment on this article