Maersk shrugs off $300m cost of cyber attack as freight rates soar


Maersk Line posted a profit of $339m in the second quarter of the year, which compares with a loss of $151m in the same period last year.

Its average freight rate per FEU in the period leapt 22% on improved market fundamentals and revenue was 21% higher at $6.1bn, earned from liftings of 5.4m teu.

This was up just 1.7% on the previous year, for an average rate per FEU of $2,086.

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Maersk shrugs off $300m cost of cyber attack as freight rates soar

 

 

Author: Mike Wackett

Source: The Loadstar

 

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