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Around 480,000 sq.m. warehouse capacity to be added by 2026; build green fuel infra & introduce EV trucks by mid-2024

United view at COP28 on concrete regulatory measures for investment conditions critical to accelerate green transition

Maersk Q3 ocean revenue down 56%, maintains 2023 outlook at lower end

Maersk & CMA CGM will work together to develop use of alternative greener fuels for container vessel propulsion

Maersk has 24 additional methanol vessels on order for delivery between 2024 and 2027

Q2 revenue down 40% to $13 billion on 50% decline in ocean topline, EBIT drops 82% to $1.6 billion

Danish flagged 172-metre-long vessel is key milestone for Maersk’s plans to achieve net zero GHG emissions in 2040

Full-year guidance remains unchanged with Q1 expected to be the strongest quarter of the year

SIPG will carry out vessel-to-vessel bunkering and fuel tank storage at Shanghai Port

Nine ocean carriers commit to converting 50% of original bills of lading to digital within 5 years and 100% by 2030

Maersk lowers guidance; expects underlying EBITDA of $8-11 billion and underlying EBIT of $2-5 billion for 2023

"Announcement has no immediate impact on the services provided to customers using the 2M trades"