Maersk CEO Expects Continued Weak Rates, Tough Quarters Ahead
Wednesday, 09 November 2011
Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) will continue to grow on its key container shipping routes but expects tough quarters ahead, as shipping rates remain at a very low level, Chief Executive Nils Smedegaard said Wednesday, according to Dow Jones News. Details and more external source
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