ShippingWatch

Bleak Maersk Line forecast takes analysts by surprise

Drewry projects a hundred million dollar loss for Denmark's Maersk Line in the first quarter. Danish-based analysts expect a very difficult 2016, but are surprised by the negative forecast. Drewry expands on its projections in comments to ShippingWatch.

Photo: Maersk Line

UK-based analysts Drewry published its projections for Maersk Line's first quarter results on Friday, and the reading is bleak. The firm thus expects a USD 431 million deficit from the Danish container carrier.

For the Maersk Group as a whole, dark clouds seem to be gathering and the conglomerate can look forward to a combined deficit of USD 237 million, notes the analysis, as reported by ShippingWatch on Friday.

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