Maersk reports “best earnings quarter ever”

Capt. John

A.P. Moller – Maersk (Maersk)may no longer be quite the world’s largest operator of containerships, but it continues to be a money machine, reporting record results for first quarter 2022 across all its businesses. Revenue was up 55% to $19.3 billion, EBITDA more than doubled to $9.1 billion and free cash flow increased to $6 billion.

“In Q1 we delivered the best earnings quarter ever in A.P. Moller – Maersk with growth across Ocean, Logistics and Terminals,” said CEO Søren Skou. “The increased...

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