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Examples
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The company faces a price war in the container-shipping industry.
Tanker Head to Lead Maersk Flemming Emil Hansen 2011
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Maersk's profit fell 82% as the Danish company's container-shipping unit swung to a loss amid weak rates.
What's News— 2011
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The company's container-shipping unit, the world's largest, swung to a loss of 1.58 billion kroner from a profit of 5.9 billion kroner last year.
Maersk Cuts Forecast, Warns of Overcapacity Flemming Emil Hansen 2011
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COPENHAGEN— A.P. Moller-Maersk A/S cut its full-year forecast, warning of industrywide overcapacity for the next couple of years, as the company's container-shipping business posted a third-quarter loss.
Maersk Cuts Forecast, Warns of Overcapacity Flemming Emil Hansen 2011
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Mr. Smedegaard Andersen said in an interview that Mr. Skou's appointment is a continuation of the company's hard-line approach to overcapacity in the container-shipping industry, rather than a shift in the company's strategy.
Tanker Head to Lead Maersk Flemming Emil Hansen 2011
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And South Korean container-shipping company Hanjin Shipping said it was rerouting ships away from Port Said and Alexandria.
Economic Paralysis Exacerbates the Tension Nour Malas 2011
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Matt Kenyon Another beneficiary of Korea's shipbuilding surge was Sokje Lee, of Mirae Asset Securities, who came to the same conclusions about a rise in demand after noticing that Maersk, the world's largest container-shipping line, was gearing up to order larger, more fuel-efficient vessels.
Staying in the Game Nisha Gopalan 2011
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How the Winners Were Selected Video: Top Stock Picks in 2011 When a maritime-industry publication reported in August that Maersk, the world's largest container-shipping line, was preparing to order megasize vessels expected to have a lower top speed than smaller ones—thus consuming much less fuel per unit—Mr. Lee inferred that shippers were in earnest about improving efficiency.
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Denmark's A.P. Moller-Maersk A/S, owner of the world's largest container-shipping company Maersk Line, last month said it had to raise its fees following higher costs stemming from a jump in piracy.
Dutch Shipper in Row Over Piracy Anna Marij van der Meulen 2011
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Agence France-Presse/Getty Images Maersk expects its container-shipping line to post a loss.
Europe Crisis Hits Shippers Joanne Chiu 2011
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