In the third quarter of this year, a period in which cargoes in containers transported by the group's fleet have returned to On the other hand, the trend of deterioration in the financial performance of A.P. Møller-Mærsk caused by the further deterioration of the division's results of containerized shipping, which generates about two-thirds of the of the Danish group's turnover. In the period July-September In 2023, the group's revenues amounted to a total of 12.13 billion, down -46.7% on the corresponding last year. Ebitda values, of operating profit and net income recorded significant decreases, falling to 1.88 respectively billion (-82.7%), $538 million (-94.3%) and $554 million (-93,8%).

The only containerized shipping activities of the group totaled revenues of $7.90 billion (-56.2%), of which €6.69 billion generated by revenue generated alone maritime transport, with a decrease of -58.2% on the third quarter in 2022 caused by the reduction in the value of freight rates that in the period July-September of this year recorded an average value of $2,095 per 40' container (FEU) transported (-58.5%). The The group's Ocean division achieved an EBITDA of $1.13 billion (-88.6%) and an operating result that - After 25 consecutive quarters of positive figures - it marked a negative value of -$27 million compared to a profit operating income of €8.73 billion in the third quarter of 2023.

The growth in the volumes of containerized goods transported fleet in the third quarter of 2023, which was +5.0% as 3.17 million FEU were shipped, generated by the increases of +9.3% and +61% respectively in transported on the east-west and north-south routes amounted to 1.50 million and 1.04 million FEU, while On intra-regional routes, 631 thousand FEUs were transported, with a decrease of -5.5%. The overall reduction of -58.5% in average freight rate is a consequence of the -65.2% drop in value of the average freight rate for East-West maritime services, which is result of 1,969 dollars/FEU, -52.3% of the average freight rate of the North-South scheduled services at $2,802/FEU and -48.9% of the average freight rate of intra-regional services, which is Result of $1,438/FEU.

The Danish group announced that in the third quarter of 2023 port terminals of its terminal operator division APM Terminals recorded a -4.1% drop in traffic handled and a -6.3% reduction in revenues per single handling, results equal to $314, a decline that resulted in a drop of -10.6% of total revenues amounted to $999 million. EBITDA of the division amounted to $35.3 million (-91.5%) and EBIT at $270.0 million (-24.4%).

"Our sector," said the CEO of the Maersk Group, Vincent Clerc, commenting today on the results of the Quarterly - is confronted with a new normal made up of a low demand, freight rates back in line with the historical levels and inflationary pressure on our base costs. Since the summer," he added, "we have detected an access to capacity in most of the regions that it has triggered a drop in freight rates and no appreciable increase in recycling or decommissioning of ships. In view of the difficult expected times, we have accelerated a number of measures to cost containment and liquidity protection for preserve our financial performance."