AP Moller Maersk

On the wire: Wonder-ZIM breaks hearts as China ‘stumbles’ (and why it matters)

“ProShares plans to launch the ProShares Supply Chain Logistics ETF [exchange-traded fund], which aims to offer market participants exposure to stocks involved in the supply chain logistics space” – Seeking Alpha, 12 January 2022. 
Soft Monday coverage cannot refrain from highlighting the tremendous success story of wonder-ZIM – just as going all-in or not, attracted to a single stock or hedging supply chain exposure via a logistics basket (however small or sizeable), …

The post On the wire:...

https://theloadstar.com/on-the-wire-wonder-zim-breaks-hearts-as-china-stumbles-and-why-it-matters/

Maersk’s strong 2021 fourth quarter rises full-year profit predictions

AP Moller – Maersk has reported revenue of US$18.5 billion, earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$8 billion and EBIT of US$6.8 billion for the fourth quarter of 2021.

At the same time, 2021 Q4 volumes in the ocean sector have decreased by 4%, but average freight rates improved by 80% compared to the previous year’s levels.

“The strong result in the quarter reflects the continuation of the exceptional market situation within Ocean caused by the global...

https://container-news.com/maersks-strong-2021-fourth-quarter-rises-full-year-profit-predictions/

Against the odds: How cool – DSV a Nasdaq proxy, Mærsk mimics Treasury yields

We need hard, incremental evidence to draw a necessary line between causation and correlation regarding what is to follow in today’s musings – the two can exist at the same time of course, but while causation explicitly denotes a relationship whereby one event is the cause of another; correlation simply implies there is a relationship between two events, and the actual dynamic of that requires further investigation.
And this week’s action …

The post Against the odds: How cool – DSV a Nasdaq...

https://theloadstar.com/against-the-odds-how-cool-dsv-a-nasdaq-proxy-maersk-mimics-treasury-yields/

Maersk sets net zero emission targets a decade earlier

A.P. Moller – Maersk has accelerated targets to achieve net-zero greenhouse gas emissions in 2040, instead of 2050 which was the initial ambition, while associated 2030 targets are expected to provide green offerings and emissions reductions already in this decade.

The new targets are expected to align the company with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway, in order to limit global warming to 1.5°C.

The targets are also following previous efforts to reduce...

https://container-news.com/maersk-sets-net-zero-emission-targets-a-decade-earlier/

M&A radar: The DSV value chase – between a rock and DB Schenker

Top brass at DSV hasn’t wasted any time this year making absolutely clear, via the local press, that the Danish forwarder is open to deal-making once again. The sooner the better once the latest prey, Agility GIL, is fully integrated as early as H1 22.
That came just about a couple of weeks after compatriot AP Møller-Mærsk (APMM), smoothly yet publicly – while promoting its latest meaningful contract logistics deal – …

The post M&A radar: The DSV value chase – between a rock and DB Schenker...

https://theloadstar.com/ma-radar-the-dsv-value-chase-between-a-rock-and-db-schenker/

Against the odds: MSC’s Bolloré bid is complex – may leave CMA CGM exposed

MSC’s bid to purchase Bolloré’s African port business may transpire to be one of the largest single M&A moves in the transport and logistics sector – but it could also turn out to be hideously complex.
As DVZ’s editor-in-chief Sebastian Reimann noted in his commentary on the deal: “The many [African] acquisitions make it clear, however, that it is hardly possible to develop this promising, but also highly complex, market organically. …

The post Against the odds: MSC’s Bolloré bid is complex –...

https://theloadstar.com/against-the-odds-mscs-bollore-bid-is-complex-and-could-leave-cma-cgm-exposed/

2021 carrier bonanza could presage a crash of the ocean titans in 2022

Reading supply chain industry tea leaves has become near-impossible over the past couple of years. Nonetheless, the first missive from Fiata this year contains some notably spikey wording, which suggests 2022 will see increasing opposition to the growing influence of cash-rich box shipping lines outside their core business.
Newton’s third law of motion contends that, when two bodies interact they apply an equal force to each other, but in opposite directions. …

The post 2021 carrier bonanza...

https://theloadstar.com/2021-carrier-bonanza-could-presage-a-crash-of-the-ocean-titans-in-2022/

Maersk’s $3.6bn purchase of Li & Fung’s logistics arm a ‘significant milestone’

Maersk’s proposed $3.6bn acquisition of Hong Kong-based LF Logistics represents a “significant milestone” in its transformation into a global integrator of container logistics, according to the CEO of its Ocean & Logistics division, Vincent Clerc.
Maersk will purchase LF Logistics from controlling shareholder Li & Fung and Singapore state-owned investment vehicle Temasek, which acquired 22% in 2019.
The $3.6bn, in cash, being paid by Maersk is more than double the company’s valuation at …

The...

https://theloadstar.com/maersks-3-6bn-purchase-of-li-fungs-logistics-arm-a-significant-milestone/

M&A radar: Mærsk spree… LF Logistics $3.6bn buy – ‘boisterous insanity’?

On Monday, quickly sifting through the 99,999-plus-unread-emails in my inbox (screen grab below) I thought: the M&A binge outside logistics looks so good and widespread, anyway, that something must be fundamentally broken but we’ll soon have our ‘glory days’ in supply chain.

Ohhh, if grandma was still around.
Then
Tuesday came with the MSC/BAL asset-based €5.7bn announcement and today we were incredibly pleased to find out, given the M&A news flow, that …

The post M&A radar: Mærsk spree… LF...

https://theloadstar.com/ma-radar-maersk-spree-lf-logistics-3-6bn-buy-boisterous-insanity/

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