Conf call redux: AP Møller-Maersk’s recipe for success? It’s Gemini, stupid!

Yesterday, Maersk said 2024 was the third-best year in its history – bested only by 2021 and 2022 but c’mon, do we expect to see a shipping line ever again post an underlying Ebit of $31.2bn as Maersk did in 2022?
No prizes for guessing that ocean shipping once again did the heavy lifting in terms of revenues and returns, although terminals was …

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