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You are here: Home → Archive → 2012 → August → 16 → Maersk Line back in the black as freight rates hold

Maersk Line back in the black as freight rates hold

by Lloyd's List — last modified Aug 16, 2012 11:59 AM

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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