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Vessel was sailing from Mundra to Colombo; Maersk confirms passing of one crew member

Maersk will serve as operational advisor, providing expertise on implementing sustainable practices in recycling

"Agreement as submitted lacks sufficient detail to allow for a complete analysis of its potential competitive impacts."

Improvements on the West Coast of North America; challenges in Asia-Europe and East Coast North America

Maersk had a potential loss in revenue of $15.7 billion during 2020-2023, ZIM gained over $4 billion

Operating on AE12 string that connects Asia & Europe, Astrid Maersk arrived at Slovene port from Port Said in Egypt

Maersk will manage transport from the assembly site in Lommel, Belgium via Antwerp to the port of Lindø, Denmark

Located in the Tocancipa industrial zone, the 44,000 sq. m. logistics centre offers customers access to containers 47km north of Bogota

Demand for ocean freight out of Asia picked up early in May, reflecting possible start of restocking in Europe

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

Maersk remains the leading carrier despite overall declines in performance metrics

The partnership has shipped 1.8 million TEU (23 million tonnes) of New Zealand cargo to market in the past decade