Maersk sinks into the red in first half of 2009

[Watchman]

Maersk sinks into the red in first half of 2009

AFP - 21 mins ago

Maersk sinks into the red in first half of 2009

Danish shipping and oil giant A.P. Moeller-Maersk reported a net loss of 3.02 billion kroner (405 million euros, 577 million dollars) for the first six months of 2009 on Friday.

The company cited a fall in demand for its freight services. The result compares with a net profit of 11.98 billion kroner for the same period last year.

In a statement, A.P. Moeller-Maersk said the recent global economic turmoil had hit the company "primarily by way of declining volumes and rates for container shipping activities."

 

[Leckmichamarsch]

Maersk sinks into the red in first half of 2009

AFP - 21 mins ago

Maersk sinks into the red in first half of 2009

Danish shipping and oil giant A.P. Moeller-Maersk reported a net loss of 3.02 billion kroner (405 million euros, 577 million dollars) for the first six months of 2009 on Friday.

The company cited a fall in demand for its freight services. The result compares with a net profit of 11.98 billion kroner for the same period last


year.

In a statement, A.P. Moeller-Maersk said the recent global economic turmoil had hit the company "primarily by way of declining volumes and rates for container shipping activities."

Good riddence for buying into PTP to hit at PSA ....... kena melayu shit