Maersk's new D&D calculations will only benefit 'liner pockets'
A change in the way Maersk calculates detention and demurrage (D&D) rules will not be ...
While checking the rocketing share price of AP Møller-Mærsk (APMM) – up 35% from the multi-year lows it hit on the day Q2 results were announced – on a Bloomberg page on Monday afternoon, by pure coincidence the (until Monday) chief operating officer and board member of APMM, Søren Toft, popped up in a nice old interview headed “Maersk expanding portfolio of services“.
(By the way, that’s precisely what CMA CGM has tried to accomplish in the past year since it ...
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