Maersk shuns better-paying spot market for long-term gain as revenue soars

Maersk has reported a net profit of $3.7bn for the second quarter and $6.5bn for the half-year, driven by “exceptional market conditions”, and expects Q3 to be even better.
But for its ocean carrier business, the emphasis is on locking-in more blue-chip shippers on multi-year contracts to ensure it extends profitability as far as possible.
The downside is that Maersk’s ocean carrier rivals appear to be enjoying better returns from a considerably …

The post Maersk shuns better-paying spot market for long-term gain as revenue soars appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "Maersk shuns better-paying spot market for long-term gain as revenue soars"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*