Drewry: Slower growth for Maersk Line in 2015

Maersk Line's growth momentum this year, with an expected full-year profit of USD 2 billion, will not continue into 2015, says Drewry, pointing to increasing uncertainty and pressure on freight rates ahead.

Photo: Maersk Line

2015 will bring lower freight rates for Maersk Line, which in the 3rd quarter raised its full-year guidance to an underlying result of more than USD 2 billion, predicts Drewry in a new analysis of the Maersk Group's combined 3rd quarter result - a result that generally surpassed expectations.

For the coming and final quarter, the analyst agency expects that Maersk Line will increase its underlying profit by 45-50 percent. But this growth rate will not continue into 2015, says Drewry:

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