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Maersk Reinstates Upbeat Guidance Despite Sharp Drop In Container Volumes

Maersk has reinstated full-year guidance above its forecast at the beginning of the year, even as the shipping group expects demand for moving containers a...

Maersk Warns Global Container Demand To Shrink This Year

Shipping giant A.P. Moller-Maersk on Wednesday warned of a sharp drop in global container volumes due to the coronavirus pandemic after posting flat first-...

Shipping Firm Maersk Sees Q1 Up On Last Year, But Suspends 2020 Outlook

Cost-cutting and price rises will help Maersk deliver higher first-quarter earnings than a year ago, the shipping giant said on Friday, though it scrapped...

Maersk Warns Coronavirus Outbreak To Hit 2020 Earnings

Shipping giant Maersk warned on Thursday that the coronavirus outbreak would weigh on earnings this year, compounding the woes of a container shipping indu...

Maersk Chief Warns EU Antitrust Policy Benefits China, US

Strict EU enforcement of competition rules prevents the development of the global champions necessary to compete with Chinese and US companies, the head of...

Maersk Sees Slight Pick Up In Container Traffic Next Year

Shipping group A.P. Moller-Maersk sees scope for a slight pick up in global seaborne container traffic in 2020 compared with this year, with ongoing trade...

Shipping Company Maersk Lifts 2019 Profit Forecast

Danish shipping company A.P. Moller-Maersk raised its expectations for 2019 profit despite headwinds from the US-China trade war. Maersk said it expecte...

Shipping Firm Maersk Warns Trade War Could Hurt Container Business

A.P. Moller-Maersk beat second-quarter profit expectations to send the shipping group's shares up almost 7% in early trade on Thursday but warned a trade w...

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