News / APMM best in class in six sectors, as Maersk Line triples its profits in 2013

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AP Møller Maersk CEO Nils Andersen has said on many occasions that when business is tough for Maersk Line, it is even tougher for its rivals.

This was proved once again in the final quarter of 2013 when APMM’s container arm contributed another $300m net profit to the $1.2bn it achieved in the first nine months of the year.

In contrast, the carrier’s peers that have reported so far have all posted red-inked numbers after a torrid end to a volatile year.

As ...