Threat of price war clouds horizon for Maersk shipping business
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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Source: shipping – Google News
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