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The Independent UK

National

Via AP news wire

Shipping company Maersk sees record profit as demand surges

Ritzau Scanpix

The world’s biggest shipping company said Wednesday that 2021 was its most profitable year yet, with Denmark’s A.P. Moeller-Maersk bringing in $18.7 billion as surging demand from a rebounding global economy led to supply chain logjams.

Profits before taxes soared last year from $3.3 billion in 2020, while 2021 revenue came in at $61.8 billion, up from $40 billion. CEO Søren Skou said that “exceptional market conditions led to record-high growth and profitability.”

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