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US-China container volumes fell 30% to 40% in April due to tariffs, Maersk's CEO said. Maersk, a key global trade indicator, has noticed rapid order cancellations amid tariff impacts. Chinese ...
A.P. Moller-Maersk, the world’s second-largest ocean carrier, said global container demand this year hinges on the outcome of U.S.-China trade negotiations. The parent of Maersk (MAERSK-B.CO) on ...
Shipping group Maersk said on Thursday container volumes plunged 30-40% between the U.S. in China in April as a trade war erupted between the world’s top economies, and warned a protracted dispute ...
Maersk has reported revenue growth of 8% to US$13.3bn in the first quarter with EBIT increasing to US$1.3bn from US$177m a year ago. Additionally, EBITDA was up 70% to US$2.7bn with the results, while ...
Maersk is now projecting anywhere between a 1% decline and a 4% increase in the volume of containers it carries this year. The company had previously forecast a 4% increase. “Three months ago ...
COPENHAGEN - AP Moller-Maersk, the Danish container giant, lowered its forecast for the global transport market rattled by US President Donald Trump’s trade war. Maersk set a new outlook for ...
In international news, shipping group AP Moller-Maersk warned on Thursday that a global trade war and geopolitical uncertainty could trigger a drop in global container volumes this year, although it ...
[COPENHAGEN] Danish container giant AP Moller-Maersk has lowered its forecast for the global transport market that’s been rattled by US President Donald Trump’s trade war. Maersk sees global container ...
Stocktwits - Danish shipping firm Maersk lowered its 2025 outlook for global container market volume growth after stating that demand over the remainder of the year remains highly uncertain due to ...
Maersk now expects a possible decrease in worldwide container volumes for 2025 on the backdrop of U.S.-levied tariffs on global trading partners and a trade war with China. While the ocean carrier ...
Maersk (OTCPK:AMKBY) reported strong first-quarter earnings, driven by higher freight rates, cost control measures and higher volumes, but dimmed its global container market outlook as a result of ...
A.P. Moller-Maersk backed full-year guidance despite moderating expectations around global container demand this year as macroeconomic and geopolitical uncertainty increase. The Danish shipping ...
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