Tag Archives: Maersk

Maersk CEO: ‘We can outlast you’ – some say ‘war of attrition’ declared

MAERSK is frequently accused as the aggressor in a destructive war of attrition that will stands to leave the Danish shipping giant one of the few survivors and with the lion’s share of the market, reports Alphaliner in Paris. MAERSK … Continue reading

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Maersk Group quarterly profits drop 79pc even as revenues rise 9pc

DENMARK’s increasingly diversified Moller-Maersk Group, which owns the world’s largest container shipping company, has posted a 78 per cent drop in third quarter in profit year on year to US$371 million while enjoying a nine per cent increase in revenue … Continue reading

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Container Ships in Over supply- Blomberg Report

Maersk Shareholders Suffering With Overwhelming Container Supply By Christian Wienberg and Marianne Stigset – Oct 18, 2011 5:00 PM CT The container operations of Maersk, which carries 15.7 percent of the world’s container capacity, according to Alphaliner, lost $45 million … Continue reading

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