Port News & Information Mediterranean, Black & Caspian Seas

A.P. Moller – Maersk reports solid Q1 results

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Copenhagen: A.P. Moller – Maersk reports a first quarter of 2023 in line with expectations. Continued destocking and easing of congestions implied lower volumes across all segments. Revenue declined by 26% to USD 14.2bn from USD 19.3bn. EBITDA decreased to USD 4.0bn from USD 9.1bn, and EBIT to USD 2.3bn from USD 7.3bn. The full-year guidance…

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