Carriers

Analysts: Maersk underperforms compared to competitors

Maersk blamed overcapacity for its disappointing Q4 results. But according to Linerlytica, the shipping company has continuously been 5% below the market.
”We secured solid financial results despite significantly changed circumstances, and we are well positioned to manage the expected headwinds in 2024," Maersk said in connection to its annual report published on Thursday. | Photo: Thomas Traasdahl/Ritzau Scanpix
”We secured solid financial results despite significantly changed circumstances, and we are well positioned to manage the expected headwinds in 2024," Maersk said in connection to its annual report published on Thursday. | Photo: Thomas Traasdahl/Ritzau Scanpix
by LIV ALMER

Maersk’s chief executive Vincent Clerc said on Thursday, when the company’s quarterly and annual financial statements were published, that the record-breaking operating loss (EBIT) in the fourth quarter of 2023 was partly due to overcapacity in the market.

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