DANISH shipping giant AP Moller-Maersk posted a 634 per cent year-on-year first quarter operating profit increase to US$1.3 billion drawn on revenues of US$13.3 billion, up 7.8 per cent. CEO Vincent Clerc attributed the strong performance to ‘momentum in operational efficiency and a global economy in good shape for the first three months.’ However, he saw increasing challenges ahead, stating that ‘with trade tensions flaring up and uncertainty on the rise, global supply chains are once again in...
https://www.seanews.com.tr/maersk-quarterly-profit-up-634pc-but-faces-cloudy-future/203218/