Maersk results “solid” despite “difficult environment”

AP Moller-Maersk has revealed its full-year results for 2023, describing its financials as “solid” and in line with guidance despite a “difficult environment”.

The group said that while volumes were up across most products and strong cost control helped improve results, rates continued to erode, particularly in the ocean segment.

Revenue for 2023 was US$51.1bn,

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