Mærsk takes container business thrashing

Mærsk's container business is not doing so well. Archive.
Mærsk's container business is not doing so well. Archive.

Denmark’s largest conglomerate, the A.P. Møller-Mærsk group, is under heavy pressure in its core container business where it returned a loss of DKK 1.58 billion in the third quarter, compared with a profit of DKK 5.9 billion in the same quarter last year.

Forecasts of a small profit in 2011 have now been revised, with Mærsk Line forecasting a deficit for the year.

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