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AMKAF News and Press, A.P. Moller - Maersk A/S From 11/03/23

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Company Name: A.P. Moller - Maersk A/S
Stock Symbol: AMKAF
Market: OTC

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AMKAF - A.P. Møller - Mærsk A/S (AMKBY) Q3 2023 Earnings Call Transcript

2023-11-03 15:07:04 ET A.P. Møller - Mærsk A/S (AMKBY) Q3 2023 Earnings Conference Call November 03, 2023 6:00 AM ET Company Participants Vincent Clerc – Chief Executive Officer Patrick Jany – Chief Financial Officer Conference Call Part...

AMKAF - A.P. Møller - Mærsk A/S aims to cut 10,000 jobs amid profit, revenue plunge and fall in freight rates

2023-11-03 06:10:49 ET More on A.P. Møller - Mærsk: Maersk Doesn't Need A Soft Landing To Be A Great Investment Here Is Why We Maintain A Sell On A.P. Moller - Maersk Maersk: At The Mercy Of The Cycle Maersk completes maiden voyage of world's first ...

AMKAF - End Of Europe's Exemption For Ship Alliances Adds To Tough Market Conditions

2023-10-11 10:20:00 ET Summary Europe's planned termination of the so-called 'block exemption rule' that enables container liners to closely cooperate within alliances will limit room to manoeuvre. This particularly applies to the container liners outside of the largest players, a...

AMKAF - ZIM Integrated Shipping Services: Things Are Likely To Get Worse Before Getting Better - Sell

2023-09-18 10:52:27 ET Summary Last month, ZIM reported weak second quarter earnings and reduced full-year expectations materially. The company's total cash position decreased by more than $1 billion sequentially, mostly due to the massive true-up dividend payment for 2022 and mat...

AMKAF - Maersk completes maiden voyage of world's first green methanol vessel

2023-09-14 06:46:26 ET The world's first ever green methanol-enabled container vessel, ordered by Danish shipping giant Maersk ( OTCPK:AMKBY ), has completed its maiden voyage from South Korea to Copenhagen. This is a landmark moment for the shipping industry, one of ...

AMKAF - Here Is Why We Maintain A Sell On A.P. Moller - Maersk

2023-08-30 03:45:37 ET Summary A.P. Møller - Mærsk A/S has seen a decline in revenue and profit in the first half of 2023. The company's EPS has been consistently decreasing over the past three quarters. Weak consumer demand and oversupply of vessels are contributing...

AMKAF - Maersk: At The Mercy Of The Cycle

2023-08-22 02:23:42 ET Summary Maersk’s resilient Q2 and upward guidance revisions have given investors hope. But with headwinds from China only worsening in recent weeks and the supply-side overhang still a key unknown, I wouldn’t underwrite a turnaround just yet. ...

AMKAF - A.P. Møller - Mærsk A/S (AMKBY) Q2 2023 Earnings Call Transcript

2023-08-04 18:42:10 ET A.P. Møller - Mærsk A/S (AMKBY) Q2 2023 Earnings Conference Call August 04, 2023 5:00 AM ET Company Participants Vincent Clerc – Chief Executive Officer Patrick Jany – Chief Financial Officer Conference Call Partic...

AMKAF - Maersk raises earnings guidance but sees continued weakness for global trade

2023-08-04 11:15:26 ET A.P. Moller-Maersk ( OTCPK:AMKBY ) reported Q2 profit that fell sharply from a year ago but beat expectations, prompting it to raise the lower end of its full-year guidance range. Q2 net profit plunged to $1.45B from $8.62B in the year-earlier quarter, whi...

AMKAF - Global Container Shipping Outlook: Pressure Mounts Amid Flood Of New Capacity

2023-06-29 06:55:00 ET Summary The tide is turning for container shipping. The market is bracing for a massive inflow of new capacity amid slowing demand and resolved congestion. This makes capacity discipline paramount for container liners, but that won’t be easy with ...

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