Maersk’s 2025 Report: Some Records and Some Lay Offs

A.P. Møller - Mærsk has released its 2025 annual report with CEO Vincent Clerc, stating: “We delivered a strong performance and high value for our customers in a year where supply chains and global trade continued to be reshaped by evolving geopolitics. Across our operations, volumes grew and asset utilisation was very high. Our Ocean business set a new benchmark for reliability, Terminals delivered record results, and Logistics & Services continued to advance.

“The year highlighted the need to strengthen and modernise global supply chains and critical infrastructure, further emphasising the relevance of our strategy. Our key to success remains to grow in close partnership with our customers, leveraging our unique asset footprint, and a continuous drive for operational excellence and cost discipline.”

Maersk, which reported a fourth-quarter operating profit roughly in line with forecasts, expects strong demand for shipping goods at sea, boosted by consumer spending, but an influx of new vessels and an expected full resumption of Red Sea routes that cut journey times will weigh on freight rates.

"New ships are coming in, and at the same time, shipping through the Red Sea is likely to reopen, which will free up ship capacity. All of this will