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ICYMI: Danish container-shipping giant Maersk, often seen as a barometer for global trade, raised its 2022 profit guidance for a second time after beating quarterly revenue expectations

ICYMI: Maersk raised its 2022 profit guidance for a second time after beating quarterly revenue expectations. The new guidance is based on an expected gradual normalization in ocean container shipping in the fourth quarter of this year

Look at Maersk earnings yield and net debt 🤣

Maersk should not be valued like a shipping company. The terminal and logistics assets they have are priceless. Current earnings yield is absurd. Negative net debt.

ICYMI: Shipping group Maersk raised its 2022 profit guidance after beating second-quarter revenue expectations as congested global supply chains boosted freight rates

$DAC massive loss on $ZIM shares. Dividend stayed at 75c/share, and they've barely used their share buybacks. Even adjusted basis earnings yield is like 40%. Why would you want to be long this garbage when Maersk earnings yield is 65% and they are buying back 1/4 of the company?

ICYMI: Maersk raised its 2022 profit guidance for a second time after beating quarterly revenue expectations as congested global supply chains that have boosted freight rates persist longer than expected

ICYMI: Shipping group Maersk raised its 2022 profit guidance after beating second-quarter revenue expectations as congested global supply chains boosted freight rates

ICYMI: Danish container-shipping giant Maersk, often seen as a barometer for global trade, raised its 2022 profit guidance for a second time after beating quarterly revenue expectations

ICYMI: Maersk raised its 2022 profit guidance for a second time after beating quarterly revenue expectations. The new guidance is based on an expected gradual normalization in ocean container shipping in the fourth quarter of this year

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We can confirm that Maersk IT systems are down across multiple sites and business units. We are currently assessing the situation.

We are deeply concerned by the crisis in Ukraine. We closely follow governments posing new sanctions on Russia, impacting operations from direct & indirect restrictions. New Maersk bookings to/from Russia will be temporarily suspended except food, medical & humanitarian supplies.

BREAKING: Maersk, the world's largest container shipping line, to suspend deliveries to and from Russia.

#BREAKING Shipping giant Maersk to stop deliveries to Russian ports: statement

Nearly all major shipping lines have suspended services to Yangon. Taiwanese carriers Wan Hai & TS have stopped calling, while Maersk also suspended service. “The ongoing unrest in #Myanmar  is becoming a disaster,” Maersk said.

Good, in-depth blog post from a former Maersk IT guy on how they dealt with being clobbered by the global notPetya malware outbreak. Must-read for anyone in charge of securing enterprise networks

For the last year, I’ve been reporting out what it felt like to be inside a company hit by NotPetya, the unprecedented $10 billion cyberattack. The result is this WIRED cover story: how Russian malware took down Maersk, the world’s largest shipping firm.

Shipping company Maersk says IT breakdown could be global. Find out more: #ReutersCyber 

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Free to read: Maersk warns global trade now worse than during financial crisis

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Profit plunges 84% at Maersk, with its oil and container divisions suffering

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