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.
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:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Maersk Group's profit down 50 percent
For subscribers
Maersk: More Triple E ships could be anchored
For subscribers
