A highlight of the reporting season came last week with Maersk’s full-year and fourth-quarter 2025 numbers, slipping into the red for that last quarter. A cute video of Vincent Clerc released with the report talks about being “ready to face leaner times“, “looming overcapacity“, “negative impact on freight rates“, and “cost discipline“.

Regarding the latter, 1,000 white collar roles are set to be cut at head office, returning Maersk to past practice which kept the organisation on its toes. There are ...

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