Despite fewer handled volumes and rising fuel prices, Maersk’s course is set for a new leap in results following the record year 2021. ”The increased earnings are driven by freight rates and by contracts being signed at higher levels,” says CEO Søren Skou.

A.P. Moller-Maersk continues to benefit from the extreme freight market and its elevated rates, and despite a drop in container volumes, the group is headed for a new leap in result upon the record year of 2021.

The first quarter results of 2022, presented this morning, shows new recoed breaking levels of performance and results.

Source: ShippingWatch

Digitalization of trade and customs is the game changer we have been waiting for.

In times of uncertainty supply chain visibility & digital pipelines in combination with mature compliance management models can create the predictability that international traders need.

It is time to start trusting trade data, use & re-use it through the supply chains to safeguard & speed up our value chains. After years of international crises world trade is aware that there is a need for competence & capacity to navigate the new digital world.

We have the models, the competence to do this. In Maersk we believe in an integrated seamless supply chain powered by data piplines & trust, end-to-end, All The Way.

It is time to start trusting trade data. For the greater good of all.

If you want to know more, contact us via www.maersk.com

Maersk Customs Services offer an exciting new way to manage compliance in relation to the new U.S forced labor prevention act. Working with Altana AI we have deployed our combined knowledge into a solution.

The Uyghur Forced Labor Prevention Act, signed into law December 2021, will take effect on June 22, 2022. The underlying principle of this legislation is the concept of rebuttable presumption. Importers will have the opportunity to rebut this presumption and will be required to provide extensive evidence to show that the goods were not made using forced labor. But, how do you go about this?

Importers lack access to information and documentation through the various tiers in their supply chain. They need the capability to analyze any risk implications and address the impact of illegal transshipment. As a result, importers will be faced with detentions and exclusions of merchandise which will have a devastating effect on their business models.

Join our webinar and discover how to navigate these challenges with data driven analytics using artificial intelligence modeling. https://bddy.me/3K4Wcr8