Shares in A.P. Moller-Maersk fell after it said earnings would drop sharply this year and announced job cuts as part of plans to save around $180 million annually.
Maersk, which is often seen as a bellwether for global trade, projected global container-volume growth of 2% to 4% for ...
But the container shipping industry is facing its toughest period in at least a decade. Companies such as MSC, Maersk and CMA ...
Maersk plans to cut 1,000 corporate positions amid a revenue decline in 2025. The company faces overcapacity and a drop in ...
Maersk and Hapag-Lloyd's joint ME11 service, a route connecting India and the Middle East with the Mediterranean, will resume routing through the Red Sea and the Suez Canal from mid-February with ...
The yield on 10-year gilts — the benchmark for U.K. government borrowing — rose about 1 basis point to 4.546%, while sterling ...
A.P. Møller - Mærsk has released its 2025 annual report with CEO Vincent Clerc, stating: “We delivered a strong performance ...
AP Moller-Maersk A/S plans to cut jobs and focus on cost discipline this year as the container giant seeks to insulate its ...
COPENHAGEN, Feb 5 () - Danish shipping giant Maersk on Thursday reported fourth-quarter operating profit broadly in ...
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025 ...
The group said it is cutting about 15% of its 6,000 “corporate” positions, a loss of 1,000 staff. This is being done to “drive continuous productivity improvements and maintain strong cost discipline” ...
Maersk and Hapag-Lloyd said they will resume some transit routes through the Red Sea and Suez Canal this month, marking a ...
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