Maersk shipshape amid ‘slow moving’ economy

The chief executive of oil and shipping giant Moller-Maersk – which reported earnings that beat forecasts Wednesday – told CNBC that overcapacity continues to dog the shipping industry amid slow-moving economic growth. “If you look at the profitability of the container industry over the last five years…most companies have been lossmaking,” Nils S. Andersen told […]