The supply and demand of the shipping market is unbalanced, and Maersk plans to lay off 10,000 peopl
- Author:sofreight.com
- Source:sofreight.com
- Release Date:2023-11-07
According to the news on November 3, Maski released the third quarter of the 2023 financial report. The financial report showed that the third quarter revenue was US $ 12.13 billion, a year -on -year decrease of 4.4%, and the previous estimate was US $ 12.54 billion.In the third quarter, EBIDTA was 1.88 billion US dollars, with an estimated $ 1.89 billion.
In addition, Mascia announced that about 10,000 people would reduce costs, and Matsky is expected to save $ 600 million by cutting costs.
It is understood that Maski has about 17%of the worldwide container trade and is considered a vane of global trade.
Since the beginning of this year, the decline in the freight of containers and weakening demand has hit the global shipping industry. Analysis is expected that this situation may continue until 2026.
Maritime business is one of the core businesses of Maski, accounting for more than 70 % of the total revenue.In the third quarter, Master's shipping business revenue dropped from US $ 18.018 billion in the same period last year to $ 7.897 billion.
In addition, Maski Logistics and service business revenue also decreased from US $ 4.182 billion in the same period last year to US $ 3.517 billion, and the terminal's business revenue decreased by approximately US $ 118 million to US $ 999 million from last year.
In the past two years, the freight in the shipping industry has once rushed, and the reasons for the resurgence of transportation power, the loading rate of the ship has remained at a high level.However, as the freight in 2022 gradually declined, the industry's prosperity turned sharply.
Industry insiders said that the global shipping market is currently seriously imbalanced, and the global economy is still affected by high inflation, high interest rates, and geopolitical conflicts. In addition, the de -inventory process is slow, and the shipping market will still face greater challenges.
In addition, Mascia announced that about 10,000 people would reduce costs, and Matsky is expected to save $ 600 million by cutting costs.
It is understood that Maski has about 17%of the worldwide container trade and is considered a vane of global trade.
Since the beginning of this year, the decline in the freight of containers and weakening demand has hit the global shipping industry. Analysis is expected that this situation may continue until 2026.
Maritime business is one of the core businesses of Maski, accounting for more than 70 % of the total revenue.In the third quarter, Master's shipping business revenue dropped from US $ 18.018 billion in the same period last year to $ 7.897 billion.
In addition, Maski Logistics and service business revenue also decreased from US $ 4.182 billion in the same period last year to US $ 3.517 billion, and the terminal's business revenue decreased by approximately US $ 118 million to US $ 999 million from last year.
In the past two years, the freight in the shipping industry has once rushed, and the reasons for the resurgence of transportation power, the loading rate of the ship has remained at a high level.However, as the freight in 2022 gradually declined, the industry's prosperity turned sharply.
Industry insiders said that the global shipping market is currently seriously imbalanced, and the global economy is still affected by high inflation, high interest rates, and geopolitical conflicts. In addition, the de -inventory process is slow, and the shipping market will still face greater challenges.