APMT: Mr Reliable in the Maersk family

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APM Terminals achieved a very impressive 30% quarter-on-quarter increase in its Q1 profits to $215m earned from the 9.4m teu processed at its 65 terminals around the world ? up 9% on the same period of 2013.

APMT has positively contributed to AP Moller Maersk’s bottom line year after year; while those with longer memories will recall that its container carrier subsidiary was for many years following the acquisition of P&O Nedlloyd – loss-making when its peers were profitable.

APMM chief executive Nils ...