|Bid||10,690.00 x 0|
|Ask||11,145.00 x 0|
|Day's range||10,855.00 - 11,125.00|
|52-week range||9,800.00 - 17,235.00|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||1.58|
|Forward dividend & yield||2,000.00 (16.70%)|
|Ex-dividend date||29 Mar 2023|
|1y target est||N/A|
Danish shipping company Maersk on Monday said it will invest more than $500 million to expand its supply chain infrastructure in South-East Asia. Maersk intends to scale up its warehousing and distribution in the region by up to 50% and expects to add nearly 480,000 square metres of capacity across Singapore, Malaysia, Indonesia and the Philippines by 2026, it said. The planned three-year investment aims to strengthen supply chain resilience and lower the cost of trade, which tends to be two to three times higher in certain Asian markets, Maersk added.
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COPENHAGEN (Reuters) -Maersk on Wednesday announced it had entered into the shipping industry's first large-scale agreement for green methanol from China's Goldwind, and said production of green methanol was high on the political agenda in China. Shipping industry leader Maersk is investing in green fuels to power its fleet as it strives to reach net-zero emissions by 2040, while the shipping industry, responsible for 3% of global greenhouse gas emissions, aims for net-zero emissions by 2050.