Buy custom Business And Market Exposure Maersk Line
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 840 |
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So freight rates are volatile and have due to the overcapacity – or fear of future overcapacity - declined in 2006 on a number of tradelanes.
This has also affected Maersk Line.
“During the first half year of 2006 freight rates have been under great pressure in most services…compared to the first half year in 2005 Maersk Line’s average rate has declined 5% including bunker adjustment factor – 9% before this adjustmentâ€, the Interim report from 2006 states...
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And the A.P. MOLLER-MAERSK report adds: “To illustrate the sensitiveness for 2006 for the container activities the following shows an indication on result after tax – all other factors being equal:
- 5% change in rates for the container services: DKK 5 billion for the full year ….
- 5% changes in volumes for the container services: DKK 3 billion for the full year...
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