Global cargo carriers are estimated to have recorded $150 billion in profits in 2021, the first time they’ve collectively reached that figure in a single year.
Malcolm McLean may be the most important person you don't know.
Shares of container lines have surged in the 18 months since the pandemic began.
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A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.
| Website: | www.maersk.com |
| Email: | Stig.Frederiksen@maersk.com |
| Main Phone: | +45 33633363 |
| Address: | Esplanaden 50 |
| City / Town: | Copenhagen |
| Country: | DK |
| Postal Code: | DK-1098 |
| Exchange: | OTO |
| Employees: | 83624 |
| NAICS: | Deep Sea Freight Transportation(483111) |
Global cargo carriers are estimated to have recorded $150 billion in profits in 2021, the first time they’ve collectively reached that figure in a single year.
Malcolm McLean may be the most important person you don't know.
Shares of container lines have surged in the 18 months since the pandemic began.
The pandemic has created logistical chaos besetting the movement of goods around the globe.
The world’s biggest container shipping company expects second quarter volumes to decrease across all businesses, "possibly by as much as 20%-25%."
The global crisis shows which companies have been "swimming naked" while superficially endorsing stakeholder capitalism.
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