News / Maersk Line vows to expand market share as it delivers its best ever quarterly result

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Maersk Group chief executive Nils Andersen admitted this morning that its container shipping arm had been “a little bit hesitant” to join the rate battle for cargo on the headhaul Asia-Europe route, but said Maersk Line would “live with whatever rates are in the market” and vowed not to concede market share over the full year.

Mr Andersen explained that the initial reluctance to join the fray – along with “some confusion” for customers in the early weeks of the 2M alliance ...