UPDATED: Carrier will not exercise options to acquire six 19,630 teu vessels but large ships still a key driver for Maersk’s strategy, says Skou MAERSK Line, the world’s largest container shipping company, will cut its workforce, defer investments in new…
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Oslo-listed owner retains appetite for diversification as lower costs aid third quarter sums. Siem Shipping continues to explore further diversification after adding car carriers to its core reefer fleet this year. Oslo-listed Siem booked two 7,000-ceu car and truck carriers…
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AP Moller-Maersk has cut $600m from its full year profit guidance amid deteriorating conditions in the container shipping market. The Danish giant had projected a profit of $4bn for 2015 but sliced that figure to $3.4bn today sending its stock…
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