Maersk CEO Counts the Cost of Russia Exit

The transcript discusses the financial impact of decisions related to Russia, highlighting a $700 million loss and the divestment of assets. It provides an update on the container market, noting ongoing congestion and the potential for normalization in the second half of the year. The impact of China's COVID-19 lockdowns on freight rates and logistics is also examined. Additionally, the transcript covers the company's logistics growth and M&A strategy, emphasizing the integration of recent acquisitions and plans for future expansion.

What challenges are being faced in the US West Coast regarding container shipping?

What are Mersk's expectations regarding freight rates in the second half of the year?

How has the COVID-19 lockdown strategy in China affected Mersk's operations?