Maersk CEO: Q3 started with solid volumes as tariff tiffs not yet an issue – Freightwaves – Michael Angell, Bulk and Intermodal Editor
The Maersk McKinney Moller, the first of Maerk’s Triple-E class of mega-ships. But ocean shipping struggles with flat rates, over-capacity and higher fuel costs. Maersk saw its quarterly profit weaken year-on-year as freight rates remain stagnant and fuel prices rise. In response, the world’s largest container line plans to reduce capacity over the next 12 […]