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A strong hint from Maersk Line that the momentum of its best-ever first-quarter $714m net profit is unlikely to have been sustained, given the fierce rate war that is raging in Asia, has come from MD for UK & Ireland, Brian Godsafe.

Yesterday, in an e-mail update  to the Danish carrier’s UK and Irish customers, Mr Godsafe wrote: “In May we announced a strong set of results for the first quarter of the new financial year. However, as you may have ...

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    Maersk