News / APMM floats along on 'solid' Q1 profitability in Ocean, well prepared for choppy water

Maersk vessel bow photo

By Gavin van Marle

08/05/2025

Despite President Trump’s claim this week that Yemen’s Houthi rebels had “surrendered to the US” and were to cease their attacks on Red Sea shipping, Maersk CEO Vincent Clerc said today that a return to Suez Canal transits this year was extremely unlikely.

“There is a strong link between what’s going on in Yemen and what’s going on in Gaza, and therefore, given what we’re seeing every day and the expectation that it’s worsening on the ground in Gaza and that ...

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Topics

AP Moller - Maersk APM Terminals Maersk Line Maersk Logistics Red Sea Crisis The Purse Strings

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