Subscribe to RSS feedMaersk loss could top US$1bn
by
Janet Porter - Lloyd's List
—
last modified
Nov 13, 2009 11:04 AM
Container shipping continues to drag AP Moller-Maersk deeper into the red, with the group still expecting to post a full-year loss of US$1bn as Maersk Line’s woes continue.
Nor is there any relief in sight, with 2010 expected to be another difficult year for the world’s largest ocean carrier.
The Danish shipping and energy group lost US$592m from its container transport activities in the third quarter, swelling the nine-month...
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