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Maersk Cuts Profit Outlook on Weaker Global Container Market
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A.P. Moeller-Maersk cut its profit forecast for 2015 citing a weaker container shipping market as the outlook for global growth becomes gloomier.
The owner of the world’s biggest shipping line now sees underlying profit of about $3.4 billion, compared with a previous forecast for $4 billion, according to a statement to the stock exchange on Friday.
