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A.P. Møller - Mærsk A/S (AMKBY)

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7.52+0.04 (+0.53%)
At close: 03:53PM EDT
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  • Bloomberg

    Maersk Sees Improved Prospects for Global Container Trade

    (Bloomberg) -- A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaGlobal

  • Reuters

    Maersk raises full-year profit guidance after strong quarter

    COPENHAGEN (Reuters) -Shipping group Maersk raised its full-year profit guidance after posting better than expected quarterly earnings on Thursday, citing strong container shipping demand and the diverting of vessels around Africa to avoid the Red Sea. The Copenhagen-based company, viewed as a barometer of world trade, said growth in demand for ocean container shipping was at the upper end of the expected 2.5-4.5% range this year. Maersk and rivals have diverted ships around Africa since December to avoid attacks by Houthi militants on vessels in the Red Sea, sending freight rates higher because of the longer sailing times.

  • GlobeNewswire

    Interim Report Q1 2024

    The Interim Report for the 1st Quarter 2024 for A.P. Møller - Mærsk A/S is hereby enclosed. CEO of A.P. Møller - Mærsk A/S, Vincent Clerc, states: “We have had a positive start to the year with a first quarter developing precisely as we expected. Demand is trending towards the higher end of our market growth guidance and conditions in the Red Sea remain entrenched. This not only supported a recovery in the first quarter compared to the previous quarter, but also provide an improved outlook for t