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The Independent UK
The Independent UK
National
Via AP news wire

RARE PHOTOS: Shipper maersk reports most profitable year warns of drop | Rare Historical Photos

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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