-
A.P. Moller-Maersk is cutting approximately 1,000 positions at its headquarters and offices across the globe this year
-
The move is part of its cost reduction and operational efficiency strategy, the company said in news release announcing its 2025 financial performance
-
The manpower reduction is expected to bring down corporate overhead expenses by $180 million this year
-
The company reported strong performance in all its business units in 2025, although full year revenue dropped 2.7% to US$54 billion from $55.5 billion in 2024
-
AP Moller-Maersk said its different services delivered within the top-end of its financial guidance
-
For 2026, Maersk expects global container market volume to grow at a range of 2-4%, which reflects the expected overcapacity in the shipping industry and scenarios of a gradual Red Sea reopening
-
Maersk’s Logistics & Services product portfolio will be regrouped into three subsegments: Landside, Forwarding, and Solutions
A.P. Moller-Maersk is cutting approximately 1,000 positions at its headquarters and offices across the globe this year as part of its cost reduction and operational efficiency strategy, the company said in news release announcing its 2025 financial performance.
“To drive continuous productivity improvements and maintain strong cost discipline, Maersk has announced steps to simplify the organisation and reduce the company’s corporate overhead,” it said. “Out of approximately 6,000 corporate positions, around 15% – or approximately 1,000 positions – will be closed. The required notification and consultation processes have been initiated.”
The manpower reduction is expected to reduce corporate overhead expenses by $180 million this year.
Meanwhile, the Danish container shipping and logistics company reported strong performance in all its business units in 2025, although full year revenue dropped 2.7% to US$54 billion from $55.5 billion in 2024, based on the company’s unaudited quarterly figures.
A.P. Moller-Maersk said its different services delivered within the top-end of its financial guidance amid what it considered a challenging year due to the impact of geopolitics on trade and supply chains.
“We delivered a strong performance and high value for our customers in a year where supply chains and global trade continued to be reshaped by evolving geopolitics. Across our operations, volumes grew and asset utilisation was very high,” Maersk CEO Vincent Clerc said.
“Our Ocean business set a new benchmark for reliability, Terminals delivered record results, and Logistics & Services continued to advance. The year highlighted the need to strengthen, and modernise global supply chains and critical infrastructure, further emphasising the relevance of our strategy,” Clerc said.
The Ocean business grew in line with the market, registering a 4.9% volume growth in 2025 despite volatile markets. Profitability declined due to lower freight rates caused by supply overcapacity.
At the same time, “The new East-West network was launched and delivered industry-leading reliability with more than 90% on-time arrivals on average and has enabled cost savings above expectations,” AP Moller-Maersk said.
READ: Global container trade stays buoyant with 4.9% growth – Maersk
The Logistics & Services business continued to invest and advance performance, delivering improved profitability and operational improvements, but it is not yet at full potential, the company said, noting that “further improved performance remains a priority.”
Terminal operations achieved its “strongest financial performance ever” with revenue increasing 20% year-on-year driven by record-high volumes from strong demand, improved rates, and higher storage income.
“Terminals accelerated growth by developing new sites, modernising existing facilities, and securing key concessions across strategic locations,” it said.
For this year, Maersk expects global container market volume to grow at a range of 2-4%, which reflects the expected overcapacity in the shipping industry and scenarios of a gradual Red Sea reopening.
READ: Maersk returns to Trans‑Suez route
The company is also anticipating impact on its financials from a change in estimated useful lives of vessels from 20 to 25 years effective January 2026. The impact is seen at around $700 million in reduced depreciation in 2026.
Further, Maersk’s Logistics & Services product portfolio will be regrouped into three subsegments: Landside, Forwarding, and Solutions.
“This grouping reflects the general product segmentation in the industry and the fundamental differences across logistics products in how they create value for customers,” it said.
READ: Maersk opens largest Asia-Pacific warehouse in Malaysia
This means Landside products will be managed locally at country level, while Forwarding and Solutions will operate as global product organizations.
Narin Phol, current head of Logistics & Services, is appointed head of Solutions, and Christoph Hemmann, current global head of Air Product & LCL, is appointed head of Forwarding. With this appointment, Christoph Hemmann will join Maersk’s Executive Leadership Team alongside Narin Phol.
“Our key to success remains to grow in close partnership with our customers, leveraging our unique asset footprint, and a continuous drive for operational excellence and cost discipline,” Clerc said.
READ: Maersk revenue jumps 7.8% in Q1 despite volatile environment
