May 15, 2009

Maersk Line hit by downturn, posts loss of $373 mn | 12 May

Maersk Line’s has reported a net loss of US $373 mn in first quarter of 2009 compared to a net profit of US $1050 mn in the corresponding period last year while volumes transported have fallen 14% as general market conditions continued to deteriorate during the first months of 2009.

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