Maersk tumbles on global crisis

  • Maersk tumbles on global crisis

    Maersk tumbles on global crisis

    Thursday, 4th March 2010
    Maersk Group, the Danish firm, reported a net loss of $1 billion compared to a net profit of $3.5 billion in 2008, on the back of lower freight rates and lower prices for oil and gas as a result of the global economic crisis.