Threat of price war clouds horizon for Maersk shipping business – Reuters


Reuters
Threat of price war clouds horizon for Maersk shipping business
Reuters
Maersk, the world’s biggest container shipping company, has shifted its focus this year from preserving market share to higher margins, a strategy that was helped by a recovery in freight rates. Chief Executive Soren Skou told Reuters that the company
Maersk agrees to sell oil unit to Total in $7.45 bln dealCNBC
Total to buy Maersk Oil in $7.5bn deal as shipping group hones its focusBusiness Day (registration)
Total is buying Danish shipping giant Maersk’s oil business for $7.45bnCity A.M.

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