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Maersk Q3 Financial Results

Published Nov 13, 2013 11:01 AM by The Maritime Executive

“We are very satisfied with the operational result which is a consequence of strong performances in most businesses,” says Group CEO Nils S. Andersen.

"APM Terminals delivers strong underlying profit and Maersk Drilling continues its solid operational performance. Maersk Oil’s production has bottomed out and stabilised. Maersk Line continues industry leadership on profitability, however, Q4 has started with low freight rates which are expected to affect the fourth-quarter result."

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