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from Financial Times

Maersk profits hit by low freight rates and oil price -

May 4 2016: Profits at AP Møller-Maersk slumped as record low container shipping rates and the weak oil price hurt the Danish conglomerate

By Nick Carey CHICAGO, Sept 12 (Reuters) – Following the collapse of Hanjin Shipping Co Ltd, container shipping rates from Asia to the United States spiked 50 percent as the carrier’s customers scrambled for ships. Few shipping industry experts expect those price increases to fix what is wrong with the industry. Hanjin’s collapse and the …