- Maersk has delivered a respectable Q3 results with improved profitability despite the Covid-19 pandemic having a negative impact on the global economy.
- The shipping group reported a Q3 revenue of $9.9bn, down 1.4% year-on-year, and EBITDA up 39% to $2.3bn.
- The main performance driver for the quarter was the container shipping business under the Ocean sector.
- This was attributed to continued agile capacity deployment, lower costs and a temporary spike in short term freight rates due to a sudden...
https://mfame.guru/maersk-delivers-strong-q3-business-profit-despite-pandemic-crisis/