Maersk continues to underperform the rest of the market with the lowest EBIT
earnings margins in the 2nd quarter of 2024 compared to all of its main publicly
listed peers. Maersk’s Ocean shipping segment recorded EBIT margins of just 5.6%
for the quarter compared to an average margin of 21.3% posted by 8 of its main
rivals with only COSCO and OOCL yet to report their earnings figures.
It marks the 3rd consecutive quarter that Maersk was placed at the bottom of the
earnings league table, with i