Indian Transport & Logistics

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Maersk maintains 2025 outlook, Q1 EBIT zooms to $1.3bn

8 May 2025 12:45 PM IST
Ocean saw improved profitability to an EBIT of $743 million due to higher rates and stable volumes.

Maersk names 11th dual-fuel methanol vessel Albert Maersk in Mumbai

28 Feb 2025 5:11 PM IST
State Minister Raksha Khadse christens the vessel at APM Terminals Mumbai.

Maersk 2024 revenue up 9% at $55.5bn on higher freight rates

6 Feb 2025 1:29 PM IST
Net profit up 56% at $6 billion; results driven by higher demand for containers, terminal business & logistics.

Maersk Q32024 revenue up 30% on higher freight rates

31 Oct 2024 3:23 PM IST
Maersk is expecting underlying EBIT of $5.2-5.7 billion for 2024 on strong Q3 results & strong container market demand.

Alexandra Maersk joins Maersk's dual-fuel methanol fleet

10 Oct 2024 11:42 AM IST
Alexandra Maersk is 6th vessel in Maersk’s owned fleet that can sail on methanol in its main and auxiliary engines.

Gemini Cooperation announces two ocean network options

10 Sept 2024 4:15 PM IST
Maersk and Hapag-Lloyd will announce which network it expects to put to sea in February 2025 by October 2024

Maersk invests $250 million, opens largest logistics park in Jeddah

21 Aug 2024 7:18 PM IST
The 225,000 sq. m. facility is the largest single-site logistics & services facility in the Middle East

Maersk Q22024 revenue down 2%, net profit drops 44%

7 Aug 2024 12:23 PM IST
Ocean saw volume growth & higher freight rates, primarily in Asia exports, reflecting increased supply chain pressure

Maersk upgrades 2024 guidance on strong demand

4 Jun 2024 1:40 PM IST
Maersk now expecting underlying EBITDA of $7-9bn and EBIT of $1-3bn (previously $4-6bn and $-2-0bn, respectively)

Kotahi, Maersk sign second long-term freight agreement in New Zealand

21 May 2024 3:10 PM IST
The partnership has shipped 1.8 million TEU (23 million tonnes) of New Zealand cargo to market in the past decade

Maersk reports 13% YoY revenue decrease in Q1 2024

2 May 2024 8:31 PM IST
EBITDA decreased from $3.4 billion in Q1 2023 to $1.5 billion in Q1 2024. EBIT decreased to $117 million from $2.3 billion in 2023.

Astrid Maersk arrives in Shanghai for 1st methanol bunkering in China

10 April 2024 4:04 PM IST
Astrid Maersk is the second of Maersk’s 18 large methanol-enabled vessels, scheduled for delivery between 2024 and 2025
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