Danish shipping group A.P. Moller-Maersk raised its full-year forecasts on the back of strong third quarter results, robust demand and the continuing disruption to shipping in the Red Sea.
Maersk had already raised its 2024 profit forecast in May, June and August, as the Red Sea conflict was having a larger than previously expected impact on the world’s supply lines.
In 1924, the Sally Maersk was the first Maersk vessel to call at Shanghai. Fast-forward 100 years and AP Moller-Maersk is planning to expand further in China as it adapts to the demands of local ...
UBS analyst Cristian Nedelcu downgraded A.P. Moeller Maersk A/S (0O77 – Research Report) to a Hold today and set a price target of DKK11,000.00. The company’s shares closed yesterday at DKK10 ...
Container shipping giant AP Moller-Maersk was not to blame for shipping 22 containers of “scrap copper” that turned out to be stuffed with worthless concrete blocks, an English court has found.
Australia has committed up to $600 million over a decade to bolster PNG's pitch to secure a team in the competition, with the NRL set to make a final decision in coming weeks. But the ABC revealed ...