APMM floats along on 'solid' Q1 profitability in Ocean, well prepared for choppy water
Despite President Trump’s claim this week that Yemen’s Houthi rebels had “surrendered to the US” ...
By Mike Wackett
As a harbinger of spectacular results from the liner industry for the final quarter of 2021, on the back of an 80% average rate increase and a new record for quarterly earnings, Maersk has again upgraded its full-year guidance.
Based on preliminary results, the Danish shipping company said today it expected to report up to a further $1.8bn in Q4 earnings, for a revised full-year ebit of $19.8bn.
Maersk said it would be achieved on the back of an 80% hike in ...
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