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.

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