Danish shipping and oil group A.P. Moller-Maersk aims to cut costs by a further $500 million this year, it said in a company newsletter published on Monday. The group, which includes the world’s biggest container shipping company Maersk Line, cut more than $2 billion in costs in 2009 when it had its first annual loss on record due to weak shipping markets and lower oil prices in the global crisis.
Green Marine
about 16 years ago
Maersk aims for $500 million in cost cutting this year
Danish shipping and oil group A.P. Moller-Maersk aims to cut costs by a further $500 million this year, it said in a company newsletter published on Monday. The group, which includes the world’s biggest container shipping company Maersk Line, cut more than $2 billion in costs in 2009 when it had its
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