Maersk reaps what it has sown

Maersk reaps what it has sown

It’s tempting to see Maersk Line’s almost USD2.7 billion slide in profit from 2014-2016 as merely the result of external factors but that isn’t the case. Skou’s determination to invest in “more vessels and terminals in 2017” led to an increase in container capacity of almost 10% between end-2015 and end-2016, and there are still 27 newbuildings due for delivery