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Article: Maersk Line applies for renewed membership in Transpacific forum.
- Article from:
- Nordic Business Report
- Article date:
- November 9, 2009
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NORDIC BUSINESS REPORT-9 November 2009-Maersk Line applies for renewed membership in Transpacific forum(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
9 November 2009 - Denmark-based container shipping company Maersk Line said today it decided to rejoin the research and discussion forum Trans-Pacific Stabilization Agreement (TSA) after a five year absence.
The move was prompted by the tough market conditions with the trans-Pacific trade incurring losses estimated at USD3bn (EUR2bn) or more, Maersk Line outlined.
With Maersk ...