Maersk’s Net Profit Plummets Amid Security Concerns In Red Sea
In a stark downturn, Danish shipping giants, Maersk, reported a significant drop in net profit for the first quarter of 2024. Amid escalating security concerns due to attacks by Yemeni rebels, the company announced a net profit of just $177 million, a dramatic decline from last year’s $2.3 billion during the same period. Its revenues […] Source: Maersk’s Net Profit Plummets Amid Security Concerns In Red Sea