maersk tennessee
Photo: VesselFinder

Maersk enjoyed a “robust” second quarter, boosted by lower unit costs, but the shipping and logistics group is now sailing in, at best, breakeven waters.

Indeed, notwithstanding raising the lower end of its full-year guidance from an ebit of $2bn to $3.5bn and having already achieved an ebit of $3.9bn after six months, the outlook is for a run of potentially negative quarters.

“The Q2 result contributed to a strong first half of the year, where we responded to sharp changes in ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.