2023 will be an acid test for Maersk's logistics strategy

Collapsing spot rates hit Maersk right in the ford between being a traditional box carrier and a logistics company. Q1 will show if Maersk’s strategy is up to snuff, analysts say.

"Unfortunately, the logistics activities are not yet of a suitable size," says senior analyst at Sydbank Mikkel Emil Jensen, regarding Maersk's logistics strategy. | Photo: Pr / A.p. Møller - Mærsk

by JENS THOMSEN

Maersk’s strategic gamble on logistics will be subject to an acid test this year, as low demand has sent freight rates freefalling during the first quarter.

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2023 will be an acid test for Maersk's logistics strategy

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Maersk books another historic profit

Carriers see losses on main routes due to collapsing spot rates

DSV sees signs of a price war: "We have decided not to partake in it"

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Front page now

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

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

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

Dubai challenges Singapore as shipping's favorite city

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

John Fredriksen has increased his wealth by NOK 81bn this year

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Hapag-Lloyd rolls out Starlink internet to entire fleet

Jobs