Maersk has beaten all its container rivals
SHIPPING: Despite a deficit of ? 400m in the first quarter, Maersk Line has done much better than the other container shipping companies, considering the size of these.
"Maersk Line has taken a big leap forward compared to the competition. All container shipping companies have reported decline in the first quarter, but Maersk Line is the company doing the best, compared to an eighth place last year", says analyst manager Henrik Lund from Carnegie to the daily Borsen.
As such, the beginning of 2009 might be the beginning of one of the greatest turn around in Denmark ever, estimates Carnegie.
"The figures indicate that Maersk Line goes through a significant turn around, which however in terms of profits drowns in the difficult market conditions", says Henrik Lund to the newspaper.
The latest quarter reports state that the Danish shipping company has beaten all of its competitors, which have published accounts. It has been seven years since the Danish shipping company last took the lead.
However, senior manager Nils Smedegaard Andersen calls for composure, but confirms that the shipping company's own analyses also show that they have surpassed most rivals.
Source: maritimedanmark.dk
