"As we wrote in our Q3 report, and as we have said many times before, we remain dedicated to maintaining our investment grade rating. We will continue to focus on our capital discipline, and we are working actively to improve our cash flow and to reduce our net debt, as we also wrote in our Q3 report 2018."
One almost senses a certain weariness in the response from Maersk. As the company writes, it has by now repeatedly said that it does not wish to find itself in a situation in which its current credit rating drops to a critical level. This is especially a matter of how big the debt is, and the debt – repeats Maersk – will be reduced.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from ShippingWatch
As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.