Trade Tensions Have Been Quite Manageable so Far, Says A.P. Moller-Maersk CEO

The video discusses global trade tensions, particularly between the US and China, and their impact on economic uncertainty. It highlights the resilience of consumer spending despite tariffs and examines economic indicators like the yield curve inversion. The company has reduced its debt and is leveraging low interest rates, with no immediate plans for further M&A. Shipping operations in the Persian Gulf are monitored closely for safety.

What has been the impact of global trade tensions on container demand in the second quarter?

• Container demand grew by 5%

• Container demand remained stable

• Container demand grew by 2%

• Container demand decreased by 2%

What is the current mood of the US consumer according to the transcript?

• Very optimistic

• Relatively good

• Neutral

• Pessimistic

What percentage of the US consumer spending basket is impacted by tariffs?

• 15%

• 4%

• 10%

• 7%

What has been a traditional signal of recession in the bond market?

• Inversion of the twos tends yield curve

• Stability in interest rates

• Increase in short-term rates

• Decrease in long-term rates

How has the company managed its debt over the last year?

• Increased its debt significantly

• Maintained the same level of debt

• Reduced its net interest-bearing debt

• Shifted to short-term loans

What is the company's current stance on mergers and acquisitions in the carrier space?

• Actively seeking new acquisitions

• Planning to sell off some assets

• No plans for further M&A

• Considering a few strategic acquisitions

What safety measures has the company taken for ships transiting the Persian Gulf?

• Hired additional security personnel

• Increased the number of ships

• Changed routes and avoided anchoring

• Stopped all transits through the Gulf