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Maersk: Purpose of ‘Triple Es’ is to make money, not cut rates

While the new containerships will result in a big infusion of capacity in the Asia-Europe trade, “we will put them in over a prolonged period and we will take out a number of vessels in other categories,” Maersk CEO Nils Andersen said.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.