Tuesday, February 13, 2018

Maersk clocks $1 billion profit in container shipping business in 2017

Maersk Line is the world’s largest container shipping company Logistics

February 13, 2018: Danish shipping company, A.P. Moller – Maersk witnessed a 13 percent jump in revenues during 2017, which was primarily driven by the rise in earnings on its container shipping business.The company’s underlying profit stood at $356 million, compared to a loss of $496 million during 2016. Its transport and logistics business clocked profit of $1 billion.

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