Maersk Line projects full-year deficit for 2016

Maersk Line suffered a deficit of USD 116 million in the third quarter, down from a positive result of USD 264 million in the same period last year. The carrier expects a full-year deficit for 2016. Maersk Group delivered an underlying profit of USD 426 million in the quarter.

by DANIEL LOGAN

Maersk Line lost USD 116 million in the third quarter against a profit of USD 264 million in the same period last year, and the carrier expects a full-year deficit for 2016.

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