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AP Moller-Maersk reveals significant declines in FY report

Moller-Maersk, the Danish shipping giant, has published its 2023 full-year report - revealing "significant declines" in revenues.

A P Møller - Maersk Unveils $500 Million Investment in Southeast Asia

A P Møller - Maersk Unveils $500 Million Investment in Southeast Asia
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Maersk Reports Record Results in 2022, But Dark Clouds on the Horizon are Getting Even Darker

Maersk remains steadfast on its in supply chain integration strategy as container shipping storm arrives. A.P. Moller – Maersk (Maersk) is reporting an “exceptionally strong year” in 2022 driven by.

Maersk sees continued growth in profits despite pandemic setbacks

Shipping giant A.P. Moller – Maersk has had a strong start to the year, with strong earnings and growth momentum across all our businesses in ocean, port services, and logistics.  High demand as well as significant operational challenges such as bottlenecks, lack of capacity, and equipment shortage in global supply chains drove freight rates up significantly. The company saw an underlying EBITDA of USD $13.0-15.0bn, (£9.3bn), previously $8.5-10.5bn, compared to $8.3bn, (£5.8bn) in 2020. Maersk’s Logistics & Services division continued to see a strong growth momentum and revenue increase of 42% in Q1 to $2bn, (£1.4bn), mainly driven by ‘organic growth’, alongside growth from the purchasing of Performance Team and KGH Customs Services.

Maersk partners with GSA to share global logistics solutions | Hellenic Shipping News Worldwide

Maersk partners with GSA to share global logistics solutions The Global Shippers Association (GSA), recently invited Maersk leaders to discuss Logistics & Solutions with their members via a virtual session. The GSA is a Fort Myers, Florida-based consortium of major corporations who combine their freight volumes to negotiate international transportation services with the world’s leading carriers. Mark Chadwick, President of the GSA, opened the session by setting the context. “Maersk has been a key partner for many years and we have great connections to the leadership team in Copenhagen and the leaders here in North America – and one of the best account managers in the business – globally. Normally we don’t have these sessions, but Maersk has been so supportive this year. They’re branching out from ocean freight into other areas of logistics and we wanted to thank them for their partnership this year.”

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