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Standard & Poor's lowers projections for Maersk

The difficult market conditions in oil as well as in the container industry form the backdrop for the downgrade of the credit evaluation. The rating however, remains stable.

Photo: Maersk Line

Credit rating institution, S&P, lowers projections for Maersk Group's credit evaluation to "negative", but confirms the rating "BBB+", according to Bloomberg News.

On Wednesday last week, Moody's also downgraded its outlook for the credit rating of Maersk Group to "stable" down from "positive".

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