Maersk books small profit in first quarter

A.P. Møller-Maersk books a pre-tax profit of USD 2 million in the first quarter. The year came off to a good start, but the trade war escalation may weaken the container market, says CEO Søren Skou.
Photo: Ritzau Scanpix/Michael Kooren
Photo: Ritzau Scanpix/Michael Kooren

A.P. Møller-Maersk started the year with a small profit on the bottom line. But due to the recent trade war escalation between the US and China, the shipping group's outlook for the container market is now slightly more pessimistic.

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