Comment / AP Møller-Maersk – fully equipped to burn $250m monthly

burning cash
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“What stands out in 2024, is the strength with which we finished the year, we had strong growth across all our segments, the highest customer satisfaction on record and strong financial performance” – AP Møller-Maersk CEO Vincent Clerc, 6 February 2025, on Q4/full-year numbers 2024

Cheeky.

2024 was also the “best year outside of pandemic-fuelled boom“, as AP Møller-Maersk (APMM) pointed out in its investor pack today… in a Covid-like environment for freight rates, right, yet this part of the story wasn’t ...

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