Subscribe to RSS feedMaersk posts shortfall but eyes profit return
by
Tom Leander
—
last modified
Mar 15, 2010 10:11 AM
CAUTIOUSLY consigning shipping’s annus horribilis to history, AP Moller- Maersk Group reported a US$1bn loss for 2009 and predicted a modest return to profit this year.
Group chief executive Nils Andersen said the profitability would emerge “due to slightly better rates than we have seen and due to the fact that we have become more competitive”.
But the company also said a return to profitability...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
Daily Top Stories
- Rena officers sent to prison
- New salvage facility for Cairns
- Worker dies in Newcastle wharf tragedy
- Major supramax markets diverge
- Panama Canal fees hike planned for July
- 12% of world tanker fleet facing scrapping
