Maersk Line posted a profit of $339m in the second quarter of the year, which compares with a loss of $151m in the same period last year.
Its average freight rate per FEU in the period leapt 22% on improved market fundamentals and revenue was 21% higher at $6.1bn, earned from liftings of 5.4m teu.
This was up just 1.7% on the previous year, for an average rate per FEU of $2,086.
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Author: Mike Wackett
Source: The Loadstar
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