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On June 24, 2024, in California, California, a Gunde Maersk’s container, sits in the port of Oclanda on June 24, 2024.
Justin Sullivan | Gets the image
Danish sea giant Mayers On Thursday, they posted stronger than expected, the profit in the second quarter, referring to the constant attention to prompt improvements, despite unprecedented geopolitical instability.
The company, which is widely considered a barometer of the world trade, reported the previous major income to interest, taxes, depreciation and depreciation (EBITDA) at 2.3 billion dollars for June quarter.
This is approximately $ 7% from $ 2.14 billion over the same period ago and above $ 1.97 billion, which expects analysts in the LSEG poll.
Maersk raised the 2025 financial leadership, pointing to a more supple demand for the market outside North America. He now sees the growth of the world market of 2% to 4%, which is -1% and 4% compared to the previous forecast.
“At this time, it is supposed to break down in the Red Sea still last year,” the company said.
The results come when the shipping industry is preparing for a new trade complexity, when US President Donald Trump hit higher tariff rates from 10% to 50% for dozens of trading partners.
The new US president’s tariffs came into force on Thursday, and the Trump administration seeks to redo the world trading system in favor of America.
Main trading partners such as the UK, Japan and South Korea have provided deals to get lower tariffs than announced in early April. The European Union also reached the framework of the tariff reduction agreement for most EU goods to 15%.
Other countries were severely affected by Trump’s trade war. The US has imposed a sympathy of 50% on Brazil goods, 39% in Switzerland, 35% – Canada and 25% in India.
This is conducting the news. Please update updates.