News / Maersk steaming toward a $4.5bn profit, boosted by container line's 'solid' Q3

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It’s still full steam ahead for the Maersk group. The Danish transport and energy conglomerate posted a $1.5bn net profit in the third quarter, with flagship Maersk Line delivering a solid $685m and strong performances from APM Terminals and its oil division.

Chief executive Nils Andersen, said the group was “very satisfied” with a result that represented a return on sales of 12.7%, and that it was “well positioned to take advantage of opportunities materialising”.

Mr Andersen said there was “some caution ...