News / Maersk enjoys 'reasonable' first quarter, but there's rougher sea ahead

13/05/2020

After a solid first quarter performance, Maersk says it expects container volumes to contract by up to 25% in second quarter.

The substantial reduction in demand is due to the pandemic and ensuing consumer lockdowns, with the financial implications expected later in the year, said chief ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber