Crude oil boosted Maersk Tankers to massive profit

With a whopping USD 450 million improvement, not least due to the VLCC divestment, Maersk Tankers managed a turnaround following several years with negative results. But the positive effect from the low oil price will be a passing phenomenon, CEO Morten Engelstoft tells ShippingWatch.

BY OLE ANDERSEN

Maersk Tankers delivered a bottom line improvement of USD 450 million compared to the year before.

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