maersk-line-low-7

Maersk says it learned a lesson from the financial crash and will not resort to a market-share grab to fill its ships during the pandemic downturn.

The company reported a net profit of $443m for the second quarter, which compares with a profit $154m for the same period of 2019.

This was achieved by a favourable combination of higher freight rates, lower bunker costs and substantial savings from the blanking of more than 160 sailings.

Maersk’s earnings improved at the ebitda level by ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.

    Topics