Maersk's port business finished the first quarter with USD 166 million on the bottom line, a decline compared to the first quarter 2012. "Terminals had an OK quarter," says Maersk Group CEO Nils Smedegaard.
BY KATRINE GRØNVALD RAUN
The first quarter of the year brought a decline from the USD 226 million in the same period last year, where the results were boosted significantly by the sale of Maersk Equipment Service Company Inc., USA (MESC).
The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.