DENMARK, 3 NOV 2023: Danish-based, giant shipping company Maersk has sailed into stormy weather. The company’s income dropped by 94 percent in a year time. That is the conclusion after Maersk published the results for 2023Q3: USD 489 million in income versus USD 8.82 billion the year before. After COVID the world’s economies are somewhat back on track, and demand for sea container space is less high than before. In reaction to the reduced profitability, Maersk has layed off 6,500 staff, with another 3,500 to follow.
NEWS in brief at Nordicreporter.com