A.P Moller-Maersk MAERSK.B-2.96%decrease; red down pointing triangle posted higher net profit in the third quarter as disruption in the Red Sea shipping lane pushed freight rates higher.

Maersk distributes a dividend of 30%-50% of underlying net income. It recently terminated its share-buyback plan following a period of low freight rates. This is not surprising, given the ...

Maersk’s third-quarter net profit jumped after continued disruptions in the Red Sea shipping lanes pushed freight rates ...

Container shipping giant AP Moller-Maersk has reported a jump in third-quarter profit compared with the weak performance seen ...

Maersk will likely face falling freight rates as the industry adjusts to the new norm of sailing around the Cape of Good Hope to avoid the Red Sea, Deutsche Bank analyst Andy Chu noted.

A.P. Moller-Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) reported Thursday that Q3 net profit jumped by nearly 6x as continued disruptions in Red Sea shipping lanes pushed freight rates higher. The company ...

Denmark's A.P. Moeller-Maersk is scheduled to report results ... Shares have fallen around 10% in the last 12 months. WHAT TO WATCH: --FREIGHT RATES: Disruption caused by the interruption of ...

(Bloomberg) -- A.P. Moller-Maersk A/S, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates ...