Maersk Line notes big slide in profits and revenue

Demand grew by between zero and one percent, while growth in the global container fleet came to almost ten percent.
Photo: Maersk Line
Photo: Maersk Line
BY CHRISTIAN BARTELS

Maersk Line's struggle with the rates on Asia-Europe in particular resulted in a revenue that declined to USD 6.01 billion in the third quarter this year, from USD 7.07 billion in the same period last year, corresponding to a 14.9 percent setback, according to the company's third quarter interim report, published Friday.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now


Further reading