Maersk Faces Oversupplied Market When Red Sea Disruption Ends -- Market Talk
0759 GMT - Maersk is benefiting from the continuing disruption in the Red Sea that is limiting oversupply in the market, but this is leading to higher operating costs for carriers and excess capacity
Maersk charges destination congestion charges for the route from the Far East to Cape Town, South Africa
Maersk announced on its official website that it will charge a destination congestion charge (CFD) for the route from the Far East to Cape Town, South Africa, effective May 15, 2024. The date of entry into force of the CFD for the Vietnam to Cape Town route is June 1, 2024, and the effective date of the CFD for the Taiwan to Cape Town route is June 15, 2024.
Maersk Profits Should Get Boost From Spike in Freight Rates -- Market Talk
0833 GMT - Citi has raised its profitability estimates for Maersk to account for the recent spike in ocean freight rates, analysts at the bank write. The bank now expects 2024 group adjusted Ebitda of
“Can't grab the box at all!” Is the Red Sea orbiting effect showing another wave of cabin shortages in the shipping market?
“The freight rate has started to rise again, and I can't grab the box at all!” The head of a freight forwarder company told the Financial Federation reporter that the “lack of a box” this time was essentially a lack of space.
Red Sea Disruptions Absorbing up to 20% of Shipping Capacity, Maersk Says
Shipping giant Maersk: Red Sea turmoil will reduce Q2 capacity by as much as 20%
① Shipping giant Maersk warned that the spread of the Red Sea storm will reduce container transportation capacity between the Far East and Europe by about 15% to 20% in the second quarter of this year; ② The company pointed out that the risk area has now been expanded, and attacks are spreading farther offshore; ③ Maersk is trying to increase sailing speed and increase capacity to improve reliability.
The Red Sea shipping crisis is still fermenting! Shipping giant Maersk expects capacity to be reduced by 15-20%
Global shipping giant MAERSK (MAERSK), headquartered in Denmark, said on Monday that armed interference with container shipping routes in the Red Sea region is intensifying.
Red Sea Disruption Cuts Q2 Capacity by 15%-20%, Maersk Says
Earnings Call Summary | A.P. Moller - Maersk A/S Unsponsored ADR(AMKBY.US) Q1 2024 Earnings Conference
The following is a summary of the A.P. Møller - Mærsk A/S (AMKBY) Q1 2024 Earnings Call Transcript:Financial Performance:A.P. Moller - Maersk reported a Q1 2024 EBIT of $177 million, demonstrating a s
A. P. Moller Maersk (AMKBY.US): The 2024 Q1 financial report achieved revenue of US$12.355 billion, previous value of US$14.207 billion; earnings per share were US$0.06, compared to US$0.66 previously.
A. P. Moller Maersk (AMKBY.US): The 2024 Q1 financial report achieved revenue of US$12.355 billion, previous value of US$14.207 billion; earnings per share were US$0.06, compared to US$0.66 previously.
Maersk Reports Lower Q1 Profit, Sees Red Sea Disruptions Through Rest of Year
Maersk 2Q Ocean Profitability Could Rise Above 1Q Level -- Market Talk
0953 GMT - Maersk has raised the lower-end of its full-year guidance and flagged that its main ocean unit showed progressive profitability recovery through 1Q, which suggests to UBS that 2Q ocean prof
Express News | Maersk's first quarter results are in line with expectations. Actual profit before interest and tax is expected to be -$2 billion to $0 billion
Maersk Raises Guidance as Red Sea Disruption Set to Persist -- Update
By Ed Frankl and Dominic Chopping A.P. Moeller-Maersk says disruption in the Red Sea could continue for the rest of the year, as it reported a sharp drop in earnings. Still, the Danish shipping gian
Maersk Posts Q1 Profits Above Expectations, Lifts Lower End of FY Guidance Range
Investors Wait to See Red Sea in Shippers' Q1 Numbers
Maersk Expected to Post Lower Earnings on Sharp On-Year Drop in Freight Rates -- Earnings Preview
By Dominic Chopping Denmark's A.P. Moeller-Maersk is scheduled to report results for the first quarter on Thursday. Here is what you need to know. REVENUE FORECAST: The shipping giant is expected to
Svitzer Shares Rise on Debut in Copenhagen
By Dominic Chopping Shares in Svitzer moved sharply higher Tuesday, giving the Danish towage and marine-services provider an equity valuation of around $1 billion as it began trading in Copenhagen.
Nigeria Secures $600 Million Maersk Investment in Seaport Infrastructure
Development of the Extraordinary General Meeting on Friday 26 April 2024
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