Trade News > Maritime News > Ocean Carriers Touch Bottom

Ocean Carriers Touch Bottom

Bruce Barnard | Mar 15, 2010 4:00AM GMT
The Journal of Commerce Magazine - News Story
A.P. Moller-Maersk’s first-ever loss is a sign the two-year slump in container shipping is over

The news that A.P. Moller-Maersk took the first loss in its 105-year existence, a $2 billion hit on container shipping in 2009, provided stark evidence of the industry’s collapse from boom to bust.


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