15/04/2016at 09:05

Drewry: Maersk Line headed for major Q1 deficit

The world's largest container carrier, Maersk Line, is expected to finish the first three months of 2016 with a deficit totaling hundreds of millions, projects analyst agency Drewry. Prospects for the full-year 2016 look dire.

BY OLE ANDERSEN

When A.P. Moeller-Maersk a few weeks from now, on May 5th, publishes its interim report for the first quarter 2016, the container business in Maersk Line is expected show a deficit of around USD 431 million, projects analyst firm Drewry, pointing to a combined deficit of close to USD 237 million for the Maersk Group overall.

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