The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, on Feb. 10 reported a sharp rise in earnings for the fourth quarter, when global demand for goods rebounded from an earlier slump caused by the coronavirus pandemic.
February 10, 2021maersk News Updates
A.P. Moller-Maersk Reports Rebound in Business
Maersk Loses 750 Containers as Seas Hammer L.A.-Bound Ship
One of AP Moller-Maersk’s containerships carrying goods from China to the U.S. lost part of its cargo in the Pacific Ocean during bad weather.
January 22, 2021Maersk Says Record Shipping Rates Unlikely to Have Peaked Yet
A.P. Moller-Maersk A/S, the world’s largest container carrier, is working at full capacity and can’t yet see a peak in freight rates that have already been propelled to record highs by pandemic consumer spending.
January 6, 2021Maersk Warns of Africa Piracy Risk After Cargo Ship Attacked
A containership owned by A.P. Moller-Maersk A/S was attacked off the West African coast, prompting the company to warn of a rising risk from piracy in the area.
December 21, 2020Maersk Raises Guidance for Second Time in as Many Months
A.P. Moller-Maersk A/S raised its guidance for a second time since October as the world’s biggest container shipping company enjoys stronger demand than originally projected amid the COVID crisis.
November 17, 2020Maersk Raises Outlook as Shipping Giant Sees Demand Rebound
A.P. Moller-Maersk A/S raised its full-year guidance amid a surprise recovery in demand and sweeping efforts to cut costs.
October 13, 2020Maersk Lifts Profit Outlook in Sign of Pandemic Resilience
The world’s largest container line may generate $1.5 billion more in operating profit this year than previously expected, as its business proves resilient to the COVID-19 crisis.
August 19, 2020Maersk CEO Soren Skou Predicts ‘Sharp’ Rebound After Coronavirus Peaks
A.P. Moller-Maersk A/S, the world’s largest container shipping company, is positioning itself for a strong rebound in two months, based on an expectation that the fallout of the coronavirus on global trade may soon peak.
February 20, 2020Maersk Plunges as Investors Dump Trade Icon on Trump’s Tweets
Shares in A.P. Moller-Maersk A/S, the world’s largest container shipping line, plunged the most in two months after President Donald Trump escalated his trade war against China.
August 2, 2019Maersk Shares Tank After CEO Talks to Analysts About Trade War
Shares in the world’s biggest shipping company slumped May 24 after its CEO started discussing the fallout of global trade tensions on his industry.
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