Maersk benefits from better sea network

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Container carrier A. P. Møller-Maersk reaped the benefits of improvements to its maritime transport network in the second quarter. Containers arrived on schedule more often and ships used less fuel. As a result, the group managed to control costs, while more containers were transported at higher prices.

A. P. Møller-Maersk therefore succeeded in increasing the operating result (ebidta) by 17 percent to almost 1.4 billion euros. Sales, on the other hand, increased only slightly to $ 9.6 billion. Net profit from continuing operations amounted to 154 million euros, while a loss of 114 million euros was incurred here a year earlier.

The transport giant maintains the previously stated expectations for the whole year. The company does, however, warn of continuing uncertainty as a result of trade tensions, which can have a major impact on container carriers.

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Abaigael Schlomski

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