A.P. Moller-Maersk Forecasts $5 Billion 2010 Profit

Net earnings for Maersk parent reach $4.2 billion in first nine months, near $1.7 billion in third quarter
A.P. Moller-Maersk issued the strongest sign yet of a turnaround in the shipping industry on Wednesday, forecasting it expects to turn a record profit of around $5 billion this year on surging ocean container volume and freight rates.
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Source: The Journal Of Commerce