Maersk CEO Expects to Pass Higher Oil Shock Costs to Customers

The chief executive officer of A.P. Moller-Maersk A/S said the oil shock caused by the Iran war will significantly raise costs this quarter and next, which the world’s No. 2...

By Christian Wienberg, Sanne Wass · Bloomberg Markets

The chief executive officer of A.P. Moller-Maersk A/S said the oil shock caused by the Iran war will significantly raise costs this quarter and next, which the world’s No. 2 container carrier will seek to fully pass on to customers.