A.P. Møller - Mærsk A/S (AMKBY)

OTCMKTS: AMKBY · Delayed Price · USD
7.34
+0.39 (5.61%)
Apr 26, 2024, 3:59 PM EDT - Market closed
Market Cap 22.73B
Revenue (ttm) 51.07B
Net Income (ttm) 3.82B
Shares Out 3.10B
EPS (ttm) 1.11
PE Ratio 6.61
Forward PE 1.19
Dividend $0.37 (5.10%)
Ex-Dividend Date Mar 15, 2024
Volume 345,336
Open 7.37
Previous Close 6.95
Day's Range 7.30 - 7.44
52-Week Range 6.26 - 10.60
Beta 1.18
Analysts n/a
Price Target n/a
Earnings Date n/a

About AMKBY

A.P. Møller - Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs. The Logistics & Services segment offers integrated transportation solutions; fulfillment and man... [Read more]

Industry Marine Shipping
Sector Industrials
Founded 1904
Employees 100,000
Stock Exchange OTCMKTS
Ticker Symbol AMKBY
Full Company Profile

Financial Performance

In 2023, AMKBY's revenue was $51.07 billion, a decrease of -37.37% compared to the previous year's $81.53 billion. Earnings were $3.82 billion, a decrease of -86.91%.

Financial Statements

News

Maersk could offer limited Baltimore barge service

Denmark's Maersk may resume some shipping services at the U.S. Port of Baltimore when a temporary channel is opened to give access for commercially essential vessels that remain blocked by a collapsed...

3 days ago - Reuters

Baltimore's alternate shipping channels not deep enough, Maersk says

The Baltimore port's alternate shipping channels are not deep enough to accommodate the oceangoing container vessels that Maersk and other carriers use, the Danish shipping group said in a statement o...

9 days ago - Reuters

Maersk Alabama Hijacking | On This Day

On this day, April 8th, back in 2009, the shipping giant MAERSK Alabama said a container ship with a U.S. crew of 20 people was seized by pirates. This is about 300 miles off the Somali coast.

18 days ago - Bloomberg Markets and Finance

How Maersk grew its shipping empire and how it's evolving

Maersk faces a range of challenges including Red Sea diversions, a drought at the Panama Canal and a potential strike maritime workers.

27 days ago - CNBC

Shares of Danish shipping giant Maersk tumble after Baltimore bridge accident

Shares of the Danish shipping and logistics giant A.P. Moeller Maersk tumbled on Tuesday as the company said it chartered the ship that crashed into the Francis Scott Key Bridge in Baltimore.

4 weeks ago - Market Watch

Shipping giant Maersk confirms it chartered ship that collided with Baltimore bridge

"We are horrified by what has happened in Baltimore, and our thoughts are with all of those affected," Maersk said in a statement.

4 weeks ago - CNBC

Maersk will avoid Red Sea despite EU security operation

Shipping company Maersk said on Friday it was too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by the European Union to increase safety in...

5 weeks ago - Reuters

Maersk president on navigating the challenges of global shipping

Global shipping and logistic companies are staring down a number of challenges including a crisis in the Red Sea, a drought at the Panama Canal and labor negotiations on the East Coast. CNBC's Lori An...

7 weeks ago - CNBC Television

Syngenta to Reduce Carbon Impact of Ocean Shipping with Maersk's ECO Delivery

BASEL, Switzerland--(BUSINESS WIRE)--Syngenta Crop Protection, a leader in agricultural innovation, is to reduce its greenhouse gas (GHG) emissions from its logistics operations by using Maersk's ECO ...

7 weeks ago - Business Wire

Shipping giant Maersk says Red Sea diversions could stretch into second half of 2024

Shipping behemoth Maersk does not expect the Red Sea crisis to subside in the near future, and is warning customers to expect ship diversions into the second half of the year.

2 months ago - Fox Business

Maersk Says Red Sea Detours Could Extend To Second Half Of 2024

An A.P. Moller Maersk official said Wednesday that the shipping giant expects to continue avoiding trade routes through the Red Sea into the second half of the year, a sign that ongoing tensions promp...

2 months ago - Forbes

HSBC analyst discusses shipping giant Maersk's fall in profits

Parash Jain, head of shipping and ports research at HSBC, says as soon as the Red Sea crisis is over, "reality will hit" and freight rates will drop "quite rapidly."

Other symbols: HSBC
2 months ago - CNBC International TV

Maersk suspends share buybacks on Red Sea uncertainty

Shares of Danish shipping titan Maersk (MAERSK-B.CO, AMKBY) tumble Thursday morning after the company halted share buybacks and issued a muted 2024 outlook. Maersk pointed to threats to vessel routing...

2 months ago - Yahoo Finance

Red Sea Shipping Threat Hasn't Peaked, Maersk CEO Says

Maersk CEO Vincent Clerc discusses the impact of the Red Sea disruption on the firm. Maersk's ships have been direct targets of missiles launched by Houthi militants and the Danish company, which cont...

2 months ago - Bloomberg Markets and Finance

How the Red Sea crisis is adding 'high uncertainty' to earnings: Maersk

Maersk CEO Vincent Clerc says shipping disruption in the Red Sea has added "high uncertainty" to the company's 2024 earnings outlook.

2 months ago - CNBC International TV

Maersk Shares Sink Back to Reality

Shares of the world's shipping bellwether dived in early trade after it forecast a steep drop in profit. Shipping overcapacity, not the Red Sea Houthi attacks, looks to be the trend to watch.

2 months ago - WSJ

Maersk stock plunges as shipping giant scraps share buybacks due to Red Sea attacks and cargo market slump

A.P. Moller-Maersk shares plunged on Thursday after the shipping giant halted its share buyback plan while warning that continued uncertainty in the Red Sea could worsen a slump in the global shipping...

2 months ago - Market Watch

Maersk Suspends Buyback as It Navigates Uncertain Market

Maersk suspended its share buyback program as it moved to preserve cash, with uncertainty surrounding disruption in the Red Sea and as industry overcapacity continued to drag on freight rates.

2 months ago - WSJ

Shipping giant Maersk suspends share buybacks amid Red Sea disruption, flags 2024 earnings uncertainty

Danish shipping giant Maersk on Thursday flagged "high uncertainty" in its 2024 earnings outlook as Red Sea disruptions continue to weigh on the industry.

2 months ago - CNBC

Red Sea container traffic is down almost 30% amid Houthi attacks, says IMF, as experts weigh wider impact

Houthi attacks on cargo ships have cut Red Sea container traffic by almost 30% since late last year, according to the International Monetary Fund.

Other symbols: GNKGOGLSBSBLK
3 months ago - Market Watch

US Navy intercepts missiles in Red Sea while escorting Maersk ships

Maersk said explosions nearby forced two ships operated by its U.S. subsidiary and carrying U.S. military supplies to turn around when they were transiting the Bab al-Mandab Strait northbound accompan...

3 months ago - Reuters

ZIM Integrated, Maersk stock slips as the container index surges

ZIM Integrated (NYSE: ZIM) stock price rally has stalled even as the crisis in the Middle East escalated and container shipping rates surged. The stock, which more than doubled and reached a high of $...

Other symbols: ZIM
3 months ago - Invezz

Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network

Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in February 2025 ...

3 months ago - PYMNTS

Maersk, Hapag-Lloyd Form Shipping Alliance

Danish shipping giant A.P. Moeller-Maersk and Germany's Hapag-Lloyd are teaming up to form a new vessel-sharing agreement from next year, shaking up the global lineup of shipping alliances.

3 months ago - WSJ

Hapag-Lloyd, Maersk to form new alliance from 2025

Container vessel operators Hapag-Lloyd of Germany and Maersk of Denmark said on Wednesday they will form a new alliance from February 2025.

3 months ago - Reuters