2021 was an exceptional year for Maersk. The Danish company tripled its EBITDA to $24 billion and closed the 12 months with revenues of $61.78 billion, 55% higher than the previous year.
According to CEO Soren Skou the exceptional market conditions had led to record growth and profitability, but had also caused supply chain disruptions and serious challenges for their customers. He pointed out that Maersk had made tremendous efforts to mitigate bottlenecks by expanding capacity in its Ocean division, improving productivity at terminals and increasing their global logistics footprint.
Their latest financial performance was achieved on the impetus from their core business of containerized shipping. In 2021, the big carrier transported over 13 million forty-foot containers (FEU), recording a 3.6% increase over the previous year. The average freight rate per container shipped was $3,318 per FEU (+65.9%).
Translation by Giles Foster
