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The Independent UK
The Independent UK
National
Via AP news wire

Shipper Maersk reports most profitable year, warns of drop

Copyright 2022 The Associated Press. All rights reserved

The world’s biggest shipper, Denmark’s A.P. Moeller-Maersk, said Wednesday that 2022 was its most profitable year in “the history of the company” but warned that a plunge in container volumes and freight rates would lead to a drop in earnings this year.

Full-year revenue increased by 32%, to $81.5 billion from $61.8 billion in 2021. In the last three months of the year, revenue of $17.8 billion dropped from $18.5 billion in the same period in 2021.

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