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Park will also lead the business and teams in Oman and Qatar

In his new role, Cook will lead Maersk’s commercial organisation in the geography

On a Y/Y level, schedule reliability in July 2024 was -12 percentage points lower.

The 225,000 sq. m. facility is the largest single-site logistics & services facility in the Middle East

Approximately 300,000 TEU will be owned capacity while 500,000 TEU is planned through time-charter agreements.

Ocean saw volume growth & higher freight rates, primarily in Asia exports, reflecting increased supply chain pressure

Maersk reported unaudited revenue of $12.8bn, underlying EBITDA of $2.1bn and underlying EBIT of $756mn for Q22024.

Vessel was sailing from Mundra to Colombo; Maersk confirms passing of one crew member

Maersk will serve as operational advisor, providing expertise on implementing sustainable practices in recycling

"Agreement as submitted lacks sufficient detail to allow for a complete analysis of its potential competitive impacts."

Improvements on the West Coast of North America; challenges in Asia-Europe and East Coast North America

Maersk had a potential loss in revenue of $15.7 billion during 2020-2023, ZIM gained over $4 billion