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.The Danish shipping company ...
Maersk on Thursday said it expects to grow its business to track an expected 4% growth in global container shipping this year, even as profits are set to decline and U.S. President Donald Trump's ...
Maersk returned $1.6bn to shareholders during 2024 through dividends and share buybacks. In February last year, the buyback ...
A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade disruption.
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.
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 ...
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer demand defying an intensifying trade war.
Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...
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.
Maersk posts Q4 beat boosted by strong freight rates Says 2025 profit to trail last year's earnings Says outlook uncertain due to Red Sea crisis, possible tariffs Resumes share buyback ...
Geopolitical developments including Trump's threats to impose tariffs on the top U.S. trading partners and access to the Red Sea shipping route will impact Maersk's revenues. The shipping giant ...