Maersk’s third-quarter net profit jumped after continued disruptions in the Red Sea shipping lanes pushed freight rates ...
Maersk distributes a dividend of 30%-50% of underlying net income. It recently terminated its share-buyback plan following a period of low freight rates. This is not surprising, given the ...
Maersk will likely face falling freight rates as the industry adjusts to the new norm of sailing around the Cape of Good Hope to avoid the Red Sea, Deutsche Bank analyst Andy Chu noted.
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...
Danish shipping group A.P. Moller-Maersk said on Thursday it expects strong demand for shipping goods around the globe to ...
A.P. Moller-Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) reported Thursday that Q3 net profit jumped by nearly 6x as continued disruptions in Red Sea shipping lanes pushed freight rates higher. The company ...
Denmark's A.P. Moeller-Maersk is scheduled to report results ... Shares have fallen around 10% in the last 12 months. WHAT TO WATCH: --FREIGHT RATES: Disruption caused by the interruption of ...
(Bloomberg) -- A.P. Moller-Maersk A/S, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates ...
The Logisticsco and Services segment comprises freight forwarding, supply chain management, inland haulage, and other logistics services. The Terminals and Towage segment focuses in the gateway ...
with prolonged re-routing of shipments pushing freight rates higher and causing congestion in Asian and European ports. Maersk now expects full-year underlying EBITDA of between $11.0 billion and ...
A.P Moller-Maersk’s third-quarter net profit jumped after continued disruptions in the Red Sea shipping lanes pushed freight rates higher. The Danish shipping giant last week pre-released some ...
A.P. Moller-Maersk A/S, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by supply ...