Rating bureau maintains Maersk on the verge of downgrade

Moody's is still keeping an eye on A.P. Moeller-Maersk and is considering whether to lower the Danish shipping group's credit rating.

Photo: A.P. Møller Mærsk

Maersk Group is still at risk of having its credit rating downgraded by Moody's, says the bureau in an update.

Maersk's rating, currently a "Baa2", was put on negative review in August by Moody's and Standard & Poor's following the sale of Maersk Oil to France's Total.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Price of Maersk's new methanol ships drops

Maersk has just ordered six new methanol-powered container ships and now reveals that the added cost of building green ships compared to conventional ones is decreasing. Economies of scale, says equity analyst.

Esvagt pursues Taiwanese offshore wind

The Danish offshore service operator has located a possible partner on the island as a part of high hopes for the local offshore wind market. If successful, Esvagt could be ready to service wind at sea in the far east in a few years.

Further reading

Related articles

Latest news

See all jobs