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Home VIDEO NEWS FROM AROUND THE WORLD

How Maersk Dominates the Global Shipping Industry

by 198 China News
August 11, 2021
in VIDEO NEWS FROM AROUND THE WORLD
2 min read
47
How Maersk Dominates the Global Shipping Industry
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The worldwide container enterprise is in chaos. Surging shopper demand, covid outbreaks and a scarcity of containers has led to greater quantity for ocean carriers and congestion at ports.

Maersk, the world’s largest container shipper, has seen document earnings. The Danish delivery agency whose clients embrace Walmart and Nike introduced Could 2021 first-quarter income of $12.4 billion, a 30% improve from a 12 months earlier. Maersk has a fleet of over 700 ships and handles one in each 5 containers shipped by sea. The corporate additionally owns terminals around the globe and has a rising land-based logistics enterprise. On common a Maersk container ship calls on a port someplace across the globe each six minutes. Like its opponents the corporate has confronted a sequence of obstacles within the first half of 2021 starting from the worldwide scarcity of delivery containers to the blockage of the Suez Canal.

So, with vaccine rollouts in place within the U.S. and shopper discretionary spending shifting in the direction of providers will Maersk and its rivals be capable to keep their momentum? And what do bottlenecks at ports and better freight charges imply for U.S. shoppers? Watch the video to seek out out what’s subsequent for Maersk.

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How Maersk Dominates the World Delivery Trade

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Tags: china newschina news englishchina news todayDominatesGlobalglobal newsglobal news todayglobal trade news 2021global trade news todayIndustryMaerskshippingtrade news chinatrade war news chinaworld china newsworld news china and us
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Comments 47

  1. youwill succeed says:
    2 years ago

    Anyone do Stock?

    Anyone heard of 88E? ?????

    Reply
  2. Leaders Of the Old School says:
    2 years ago

    David was definitely a heavy smoker at some point 🤣🤣

    Reply
  3. Glenda Sanders says:
    2 years ago

    The sordid debtor resultantly trip because monday oppositely injure for a abandoned ashtray. intelligent, fascinated brain

    Reply
  4. Rr Rr says:
    2 years ago

    those danes speak like they have a potato in their mouth even in english

    Reply
  5. Eternal Darkness says:
    2 years ago

    I wish they focused more on ports.

    Reply
  6. jjschwartzkopf says:
    2 years ago

    I wish you would do the same non-biased report on the ammo shortage in the U.S. It's dramatic!!

    Reply
  7. Down The Rabbit Hole says:
    2 years ago

    7:20
    "Choice New Jersey air" Good one.
    "I'm from Joisy. You from Joisy? Oh yeah? What exit?"
    You can tell where you are in Jersey by what the air smells like. Where I was born, the Choice Jersey Air smelled like Philadelphia…
    8:22
    Cut and paste reporting. For chrissake the ship isn't named "Evergiven" or "Evergreen". That's the name of the damn shipping company. I must have heard a dozen different journalists call that ship the "Evergiven". They all got their 'news' (call it "olds") by watching CNN, where it happened first. No one else bothered checking the damn facts themselves, they just repeated what they heard the first time. Wrongly.

    Reply
  8. yomajo says:
    2 years ago

    Do insiders need to dump? Why all the advertising..?

    Reply
  9. William Huang says:
    2 years ago

    Hanzhen harmonic gear , industrial robot arm gear reducer,

    Reply
  10. Nathan Nevins says:
    2 years ago

    3:39 2010?

    Reply
  11. Mountain Man says:
    2 years ago

    The Danes English accent are very distinct. If you've lived there, then you can immediately spot it.

    Reply
  12. GSIP Furniture says:
    2 years ago

    We think the current ocean freight spike is just manipulated by shipping carriers. Shipping carriers used Covid-19 as an excuse to reduce shipping vessels, cancel sailing, create high demand by themselves. Why they did not compare how many vessels were available before and after covid? Why they did not analyze and provide these kind of data to the public? It should be more clear and transparent.
    We have asked many local truck drivers, most of them told us that they were not busy recently. If there is high demand, how come the local trucking companies’ business is so slow. We also find one trucking company’s shipping yard is full of trailers recently, it looks like the trailers just park at the yard forever.

    Reply
  13. Fred Carr says:
    2 years ago

    Bring back manufacturing to North America and Europe and the problem will be solved.

    Reply
  14. say no to western propaganda says:
    2 years ago

    See what the US government did? Give everybody $4000, so that people can buy expensive and useless crap. Then, large companies reap huge benefits, while consumers are roughly the same as before. The inflation rate goes up all over the world, hurting all poor people on this plannet.

    Reply
  15. Siddhangana Ray says:
    2 years ago

    https://youtu.be/0OWw8IEj9oQ

    Reply
  16. Gustav Boye says:
    2 years ago

    Worst accent ever.

    Reply
  17. Anna Rock says:
    2 years ago

    Own the ports ,around the world. And they criticize China, ports. They don,t want competitions.

    Reply
  18. Provocateur SK says:
    2 years ago

    Rich capitalists making billions on working people, nothing new here.

    Reply
  19. Haitham says:
    2 years ago

    what kinda voice is that

    Reply
  20. Malcolm Dias says:
    2 years ago

    Love Maersk!

    Reply
  21. Kristi Robertson says:
    2 years ago

    The piquant fairies lally preserve because community critically snatch athwart a tested ramie. ruddy, disastrous nitrogen

    Reply
  22. Ihar Diachenko says:
    2 years ago

    Belarus 2021 Zabudova Xoldingovaya Kompaniya

    Reply
  23. ThatsIsJustCrazy says:
    2 years ago

    Where are they putting 18,000 containers on those ships (6:18) ? I saw a max of 21x24x7 = 3,528 at 6:12. Where the other 14,000??

    Reply
  24. Timo Haikarainen says:
    2 years ago

    by increasing chld trfficing

    Reply
  25. Nash Nasha says:
    2 years ago

    Maersk: we are the king of the sea
    Suez canal: hold my beer

    Reply
  26. David García says:
    2 years ago

    😊😊😊

    Reply
  27. Sohan Pal says:
    2 years ago

    917068298779

    Reply
  28. R Lyle says:
    2 years ago

    Odd that the ENORMOUS amount of damage to the environment goes unmentioned.

    Reply
  29. DAVID the freight expert says:
    2 years ago

    huge chaos

    Reply
  30. Rockett Logistics says:
    2 years ago

    America needs help and we will be here!

    Reply
  31. Friday Harbor says:
    2 years ago

    Automate these ports to keep up with the rest of the world. This is an area that the United States has fallen behind Asia.

    Reply
  32. Omar Omar says:
    2 years ago

    The worst shipping company ever
    Missing shipment without informing customers
    Delay in releasing containers
    Delay in answering telephone
    Not returning calls
    Very bad customer service
    You name it
    Never seen or heard anything good about this company

    Reply
  33. william msilu says:
    2 years ago

    Good work

    Reply
  34. Hock Lay Chan says:
    2 years ago

    A container Increase a few thousand dollars,…. is abuse….
    Where is the consumer action?

    Reply
  35. Antonio David says:
    2 years ago

    I thought we agreed to stop using the word 'unprecedented'. After its appearance at 0:13, I don't wanna chance it anymore, I'm outta here.

    Reply
  36. Andrew Jensen says:
    2 years ago

    Lol mature companies show growth company numbers = a rational 200% recovery off pandemic lows, but the exact same is completely insane when investing in growth stocks that show 30+% YoY growth, except every year instead just 1

    Reply
  37. WalledSonic says:
    2 years ago

    Errrbody named ‘Jensen’

    Reply
  38. Nilesh Shinde says:
    2 years ago

    Maersk is not giving customer satisfactory service

    Reply
  39. Davis Luong says:
    2 years ago

    Better them than some Chinese government owned corporation

    Reply
  40. Tan Wei Qiang says:
    2 years ago

    Watching this vid just to know how to pronounce Maersk

    Reply
  41. Loke 1 says:
    2 years ago

    Danish Power ✊🇩🇰

    Reply
  42. bar10dr bar10dr says:
    2 years ago

    And now China is locking down again, RIP

    Reply
  43. Silverstone78 says:
    2 years ago

    It is disqusting actually.

    Reply
  44. Chansai Commerce17 says:
    2 years ago

    COOL +++++++++++++++++++

    Reply
  45. Chansai Commerce17 says:
    2 years ago

    AMAZING !!

    Reply
  46. Chansai Commerce17 says:
    2 years ago

    LOOK THAILAND – RUSSIA MARKET !!

    Reply
  47. Annette Sanchez says:
    2 years ago

    The elite polo alternatively confess because baboon unfortunately suit through a sturdy soda. needy, safe writer

    Reply

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