Maersk Line back in the black as freight rates hold
Maersk Line is on course to make a small profit this year after losing more than $600m in 2011, following a rapid recovery in trade conditions during the second quarter.
The world’s largest containership operator posted a profit of $227m in the latest quarter, having lost $599m in the first three months of the year.
That was the largest quarterly loss ever recorded by Maersk, and reflected a...
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