CMA CGM the fastest-growing top-ten container carrier this year
CMA CGM has been the fastest-growing top-ten container carrier this year, overtaking long-time leader MSC, ...
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22119645
© Peter Wollinga
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Dreamstime.com
Boom and bust materialised today, Dark Friday, 3 November, via AP Møller-Mærsk’s (APMM) Q3 23 update.
With its dismal performance in core Ocean activities, perhaps hardly surprising, as I preliminarily argued here today. However…
… the unit’s tiny -$27m loss at operating level, once gauged against expectations, makes you wonder – actual group Ebit at $538m: -12% against expectations, according to S&P Global Market Intelligence – if CEO Vincent Clerc may risk losing… oh, well…
… what to expect next.
Baseline Ebit losses Q4 23 ...
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