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Thursday, May 17, 2018

Maersk posts 30 pct. revenue hike in Q1, but cites risks


Maersk posts 30 pct. revenue hike in Q1, but cites risks



Danish shipping group A.P. Moller-Maersk says its first-quarter revenue increased by 30 percent to $9.3 billion, but also noted increased uncertainties due to geopolitical risks, trade tensions and other factors impacting freight rates, bunker prices and rate of exchange.

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