Despite Maersk saying it is not “where it needs to be”, the first quarter was certainly kind, with the carrier recording a 33% bounce in profits on the back of a 2.5% upturn in revenues.
Group revenue hit $9.5bn, generating $1.2bn in ebitda over the three months and, although it reported a group-wide net loss of $104m, chief executive Soren Skou told investors he was pleased with the performance.
“We have had …

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Source: The Loadstar