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Latest Articles in Maersk Line
Maersk To Cut Jobs In Major Reorganisation, Internal Email Says
Maersk's share price has nearly doubled since March, but is still a fifth below a peak three years ago. They were trading 0.1% up at 9,558 crowns by 0745 GMT.
Read MoreMaersk Shares Jump After Upbeat Earnings Guidance
The company's share price jumped 7.4% in early trade to an eight-month high, and has doubled in value since March, as cost cuts and the prospect of a global economic recovery outweighed the present impact from the coronavirus pandemic.
Read MoreMaersk Warns Coronavirus Outbreak To Hit 2020 Earnings
Maersk said fourth-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) totalled $1.46 billion, lagging the $1.51 billion forecast by 24 analysts in a consensus poll compiled by Maersk.
Read MoreMaersk Steers Shipping Profit Forecast Lower
Earlier this year Danish shipping giant A.P Moller Maersk ventured in a different direction. It agreed to sell its oil and gas business to focus on transport and logistics. But after posting a third quarter profit below expectations - investors may now start asking questions.
Read MoreMaersk Defends Sending Ships To Indian Shipbreaking Yard
The shipbreaking business is considered to be one of the world's most hazardous occupations and highly polluting, according to the International Labour Organization
Read MoreCMA CGM Cements World Shipping Status With $2.4 Billion NOL Deal
Singapore's NOL has struggled in the downturn, reporting four consecutive years of losses up to the year ended December 2014
Read More