Maersk records growth in logistics and terminal activities in the first quarter

Maersk's logistics division raised the top line and operating profit in the first quarter with revenue growing USD 600 million. The development is driven by organic growth, but also synergies from acquisitions, says CEO Søren Skou. Meanwhile, Terminals & Towage also grew in the first quarter due to increasing volumes in the surging container marked.

Photo: Edgar Su/Reuters/Ritzau Scanpix

Maersk books a record result for the first quarter of 2021, with profits for the quarter being almost equal to the profit booked for the full year 2020, shows the quarterly report published Wednesday.

Maersk's logistics division, one of the group's major focus areas, grew more than expected in the first quarter of 2021.

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