Shipping
Maersk's EBIT fell 92% YoY in Q1 2024
EBITDA decreased from $3.4 billion in Q1 2023 to $1.5 billion in Q1 2024. EBIT decreased to $117 million from 2.3 billion in 2023.
MSC expands, upgrades cargo protection offering
Under this new framework, Cargo Cover Solutions is comprised of two products: MSC Extended Protection (EPR) and MSC Marine Cargo Insurance (MCI).