Wednesday, May 27, 2009

Maersk claims container line top spot after first quarter

Denmark: An analyst from Carnegie said that while Maersk Line’s first quarter was in decline, this was in line with all container shipping companies and that Maersk was, by comparison, faring well.

In fact, said Henrik Lund, Maersk was doing the best compared with its eighth spot the same time last year. Mr Lund said that it has been seven years since the Danish container liner took the lead over its global competitors. The figures indicate that Maersk Line [is going] through a significant turn around which however, in terms of profits, drowns in the difficult market conditions,” Mr Lund was quoted as saying by Maritime Danmark.
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