ShippingWatch

Clarksons Platou loses faith in Maersk in 2016

The Maersk Group will take a big hit from the deadly mixture of extremely low oil prices and historically weak container rates, projects the world's largest shipbroker firm, British-Norwegian Clarksons Platou, which has significantly trimmed its expectations for Maersk in 2016.

Photo: Maersk Line

First, UK analyst agency Drewry published a surprisingly negative prediction last week for Maersk Line's first quarter 2016 result, which will be published along with the Maersk Group's interim report.

Now the world's largest shipbroker company, British-Norwegian Clarksons Platou, presents its projections for the major shipping and energy group's performance throughout 2016, and a sizeable chunk of the projected result has been slashed compared to previous estimates. This is evident in a quarterly update from Clarksons Platou, where the extremely low oil prices and container rates are hitting the Maersk Group hard.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs