As the coronavirus crisis continues, and begins to impact global share prices, Maersk’s guidance for a mid-point lower ebitda of $200m less than 2019 looks increasingly inadequate.
However, in fairness to the Danish logistics giant, no economics experts can realistically claim to accurately predict the final financial damage from Covid-19.
And its peers, like MSC, with its additional investment in the cruise line business that is likely to be hammered by the …

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Source: The Loadstar