Maersk CEO on 2019 EBITDA, Oil Prices, Trade

The video discusses the company's profitability forecast, highlighting a lower EBIT expectation due to economic factors such as trade tensions and rising oil prices. The impact of these factors on input costs and demand in the ocean segment is analyzed. The discussion also covers the effects of US-China trade tensions on shipping demand and the supply-demand balance in the ocean segment, considering new capacity and retrofitting of scrubbers.

What was the primary reason for the analysts' overestimation of the company's profitability in 2019?

• Decrease in production costs

• Rising oil prices and trade tensions

• Unexpected increase in global demand

• Expansion into new markets

How does the company handle its fuel pricing strategy?

• Locks in prices for the entire year

• Buys at market price without locking in

• Uses futures contracts to hedge prices

• Negotiates fixed prices with suppliers

What is the expected growth rate for the Ocean segment in 2019?

• 5% to 7%

• 0% to 1%

• 1% to 3%

• 10% to 12%

What was the effect of US-China trade tensions on shipping demand in 2018?

• Positive impact due to front loading

• Significant negative impact

• Decrease in shipping rates

• No impact at all

What factor is expected to absorb a lot of capacity in the ocean shipping market?

• Increase in global demand

• Introduction of new shipping routes

• Reduction in shipping tariffs

• Retrofitting of scrubbers