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Maersk to stop ordering new vessels and focus instead on acquisitions

Saturday, September 24, 2016 - 05:50

Copenhagen

THE owner of the world's largest container shipping line will stop ordering newly built vessels and instead pursue takeovers in an industry that has been plagued by overcapacity for almost a decade.

AP Moeller-Maersk A/S, whose Maersk Line unit has repeatedly broken the

sentifi.com

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