Maersk Q1 2024 results show revenue decrease
NewsMaersk’s Q1 revenue decreased by US$1.9 billion, mainly from Ocean, while the Logistics & Services and Terminals businesses saw increases of US$33m and US$123m respectively.
MSC boss slams Italy’s ports
In a blow to the prestige and standing of the Italian ports and shipping industry, Gianluigi Aponte, the boss of Mediterranean Shipping Company (MSC), the world’s second biggest container line, has turned his back on further investments in his own home country and warned that tariffs need to be lowered if transhipment over Gioia Tauro (Medcenter) and Cagliari (CICT) is to continue.
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