March 6th in 3PL, Shipping by .

Little updates from Maersk

Maersk Line remains uncertain about breaking their previous year record this year after slumping to a $602 million loss in 2011 from a record $2.6 billion profit in 2010, said A.P. Moller-Maersk, parent of the world’s largest ocean carrier.

The carrier boosted Asia-Europe volume by 16 percent but rates declined 19 percent, while trans-Pacific traffic increased just 2 percent and rates dipped 7 percent. Trans-Atlantic volume stagnated but rates rose 2 percent.

Maersk has activated lay-up plans and will make more extensive use of …

Maersk Line remains uncertain about breaking their previous year record this year after slumping to a $602 million loss in 2011 from a record $2.6 billion profit in 2010, said A.P. Moller-Maersk, parent of the world’s largest ocean carrier.

The carrier boosted Asia-Europe volume by 16 percent but rates declined 19 percent, while trans-Pacific traffic increased just 2 percent and rates dipped 7 percent. Trans-Atlantic volume stagnated but rates rose 2 percent.

Maersk has activated lay-up plans and will make more extensive use of super slow steaming. “More specifically, Maersk Line will optimize its pricing practices and adjust its capacity to improve market balance,” A.P. Moller-Maersk said.

 

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