Maersk's fleet shrank by 57 ships in the second quarter

Maersk's second quarter profit was not least achieved by pulling capacity from operations. This resulted in 57 ships being removed from the fleet, the majority of which were returned to their owners.

by TOMAS KRISTIANSEN

Maersk's total fleet shrank by 57 vessels in the second quarter compared to the number of ships operated by the container line by the end of 2019, shows the group's interim report for the first half of the year.

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Maersk's fleet shrank by 57 ships in the second quarter

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Maersk expects even better operating result for 2020

The coronavirus crisis taught container lines how to make money

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Front page now

Navigare Capital cashes in from sale of several ships

Professionals: Shipping has a bad image and struggles to attract women

Lidl's shipping company makes changes to get more customers in store

Shanghai to set up first pan-Pacific green corridor with Los Angeles

Russia exempts gasoils, bunker fuel from export ban

Danish shipping company tops list of offshore wind turbine installations

Ukraine's grain exports halves in one year

Less freight risks mass layoffs at major UK port

Star Bulk buys back own shares from Oaktree Capital

Russia's new ban could send more countries on a frantic hunt for diesel

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Further reading

Lidl's shipping company makes changes to get more customers in store

Dubai challenges Singapore as shipping's favorite city

Shanghai to set up first pan-Pacific green corridor with Los Angeles

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Hapag-Lloyd rolls out Starlink internet to entire fleet

Jobs