Maersk CEO Sees Development In Shipping Capacity

Maersk CEO Sees Development In Shipping Capacity

AP Moeller – Maersk A/S ::A.P. MOLLER-MAERSK CEO SAYS IS GOING TO SHUT DOWN BUSINESS IN IRAN IF PLANNED U.S. SANCTIONS GO THROUGH.A.P. MOLLER-MAERSK CEO SAYS SURPRISED WITH U.S. TRADE RESTRICTIONS IN RELATION TO CHINA; MAY NEGATIVELY IMPACT OUR BUSINESS.A.P. MOLLER-MAERSK CEO SAYS RISE IN OIL PRICE AMID IRAN TENSIONS IS NOT GOOD FOR OUR CONTAINER SHIPPING BUSINESS.MAERSK CEO SAYS SEES POSITIVE DEVELOPMENT IN CONTAINER SHIPPING CAPACITY; SUPPLY BALANCE TO IMPROVE IN H2 ’18 AND 2019.MAERSK CEO SAYS NO SIGNIFICANT SYNERGIES FROM HAMBURG SUD INTEGRATION IN Q1, EXPECTS SYNERGIES FROM Q2.

Reuters

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