In a major development, the Danish shipping giant A.P. Moeller-Maersk AS swung to a first-quarter loss and warned that rising trade tensions between the U.S. and China could cut container growth by up to a third this year, writes Costas Paris in an article published in the Wall Street Journal.
Another report published by the Maritime Executive highlights how A.P. Moller – Maersk has closed the first quarter of 2019 with a 33 percent increase in earnings before interest, tax, depreciation and...
http://mfame.guru/maersk-says-us-china-trade-war-hitting-shipping-demand/