A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade ...
Maersk on Thursday reported fourth-quarter profits above forecasts and said it expects earnings this year to trail last ...
A.P. Moeller-Maersk hiked its dividend after disruption to shipping lanes in the Red Sea pushed up rates by 38% in the fourth ...
CFO Patrick Jany reported a strong Q4 finish, with an EBITDA of $3.6 billion and EBIT of $2.1 billion. Free cash flow for the quarter reached $2.2 billion, supported by favorable working capital ...
"At a time of very high microeconomic uncertainties, we were able to be sufficiently agile," Maersk CEO Vincent Clerc told CNBC's "Squawk Box Europe." ...
Some 40 vessels transporting eastbound cargo, such as from Europe to Asia, are expected to call at the Singapore port each week under the Gemini Cooperation alliance by Maersk and Hapag-Lloyd ...
Direct Rail Services has begun operating a new service from Teesport to Manchester. It is the first service to use ultra-low ...
Simultaneously, freight shippers were reducing the number of vessels in use due to the manufacturing slowdown. This limited global shipping capacity and disrupted the worldwide flow of containers and ...
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