AP Moller-Maersk is on the hunt for distressed acquisitions as it battles a business environment more challenging than the one forged by the financial crisis.
The world’s largest shipowner today warned of lower profit for 2016 after historic lows in container shipping rates and the oil price caught it by surprise in the fourth quarter.
Nils Andersen, chief executive of AP Moller, regularly visited the idea of counter-cyclical investments in a post-results presentation today.
