Box ship diversions due to Red Sea crisis having dramatic impact on emissions
The Saudi Arabian hub port of Jeddah is reporting a two-thirds drop in calls from ...
“While the global container demand, as expected, was lower in Q3 due to weaker growth in the global economy, AP Moller-Maersk continued to improve the operating results. We delivered strong free cash flow and a return on invested capital of 6.4% as a result of strong operational performance in Ocean, higher margins in Terminals and solid earnings progress in Logistics & Services.” – Søren Skou, CEO of AP Møller-Mærsk (APMM), 15 November.
Sadly, APMM was beaten to the punch by the local press ...
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