Maersk on Thursday reported fourth-quarter profits above forecasts and said it expects earnings this year to trail last year's level amid considerable macroeconomic uncertainties which could impact ...
A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade disruption.
Maersk’s container-shipping business revenue increased 39%.
Ocean fuel costs rose just 1.7% in 2024 despite the effects of the Red Sea crisis, which forced Maersk to reroute ships on longer voyages from Asia to the Mediterranean, Europe and North America ...
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Cyprus Mail on MSNMaersk eyes 4 per cent market growth in 2025, uncertainty over tariffs and Red SeaMaersk announced that it expects to grow its business to track an expected 4 per cent growth in global container shipping ...
Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...
The recent Israel-Hamas ceasefire and the Suez Canal’s own expectations of further stability in the Red Sea still don’t have Maersk quite convinced of an imminent return to the waterway.
Geopolitical developments including Trump’s threats to impose tariffs on the top US trading partners and access to the Red Sea shipping route will impact Maersk’s revenues. The shipping giant ...
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Hosted on MSNMaersk CEO: ‘You Get One Shot' at Red Sea ReturnVincent Clerc stressed it would cost "hundreds of millions of dollars" if the ocean carrier brought vessels back to the Suez Canal, only to need to go back on its decision.
A.P. Moeller-Maersk hiked its dividend after posting a better-than-expected fourth-quarter swing to profit, with results boosted by higher shipping rates due to Red Sea trade disruption.
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