Container Shipping Embattled

March 5, 2012

Maersk Ship: Credit CCL Garitzo
Maersk Ship: Credit CCL Garitzo

War of attrition in the container shipping market

Too many container ships chasing fewer cargoes and unsteady oil prices lead A.P. Moller-Maersk to say the company's outlook for 2012  is subject to considerable uncertainty, citing the global economy and 'sensitivity' in several key areas.

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