CPSE:MAERSK BShipping
Assessing Maersk (CPSE:MAERSK B) Valuation As Gemini ME11 Service Returns To The Red Sea Route
A.P. Møller - Mærsk (CPSE:MAERSK B) has resumed routing its Gemini ME11 container service with Hapag-Lloyd through the Red Sea and Suez Canal, using naval escorts to support schedule reliability on key IMEA to Mediterranean trades.
See our latest analysis for A.P. Møller - Mærsk.
The decision to send Gemini ME11 back through the Red Sea comes after a busy period for A.P. Møller - Mærsk, with a DKK14.4b share buy-back program underway and new leadership appointed for the IMEA region. This has...