The maritime industry refers to the sector of the economy that is involved in the manufacturing, operation, and maintenance of vessels and infrastructure associated with waterways and oceans. This industry encompasses various activities including shipping, shipbuilding, and ship repair, as well as transportation of goods and passengers over water. It also includes the management of ports, maritime logistics, and related services such as marine insurance, navigation, and ship management. The maritime industry plays a crucial role in international trade, facilitating the movement of a significant portion of goods and commodities across global markets. Additionally, it encompasses fishing, marine tourism, and offshore resource extraction, contributing to the economic and social development of coastal regions. Overall, the maritime industry is vital for connectivity, trade, and economies around the world.
Maersk's shares surged over 9% after a strong fourth-quarter earnings report, marking its best trading day since 2020. EBITDA increased by 26% year-over-year, reaching $12.13 billion, with significant contributions from…