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.
In contrast to most shipping sectors, the heavy lift and project cargo segment is in good shape, having absorbed a surge of newbuildings and the collapse of one high profile new entrant. The fleet is relatively modern, wellequipped and flexible, and thus wellplaced to develop the market.
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