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Maersk’s Hedge Busted as Oil and Freight Revenue Slide

By Chris Bryant (Bloomberg) — In “normal” times, AP Moeller Maersk’s oil production assets should provide a natural fuel-price hedge for its container shipping business, the world’s largest. But these aren’t normal times. Maersk’s profit fell 84%. An 84 percent drop in Maersk’s 2015 profit revealed that its hedge isn’t working right now and the […]

The post Maersk’s Hedge Busted as Oil and Freight Revenue Slide appeared first on gCaptain.

WP_Post Object ( [ID] => 105182 [post_author] => 21 [post_date] => 2016-02-10 18:48:15 [post_date_gmt] => 2016-02-10 18:48:15 [post_content] =>

Photo: miquelito / Shutterstock.comBy Chris Bryant (Bloomberg) — In “normal” times, AP Moeller Maersk’s oil production assets should provide a natural fuel-price hedge for its container shipping business, the world’s largest. But these aren’t normal times. Maersk’s profit fell 84%. An 84 percent drop in Maersk’s 2015 profit revealed that its hedge isn’t working right now and the […]

The post Maersk’s Hedge Busted as Oil and Freight Revenue Slide appeared first on gCaptain.

[post_title] => Maersk’s Hedge Busted as Oil and Freight Revenue Slide [post_excerpt] =>

Photo: miquelito / Shutterstock.comBy Chris Bryant (Bloomberg) — In “normal” times, AP Moeller Maersk’s oil production assets should provide a natural fuel-price hedge for its container shipping business, the world’s largest. But these aren’t normal times. Maersk’s profit fell 84%. An 84 percent drop in Maersk’s 2015 profit revealed that its hedge isn’t working right now and the […]

The post Maersk’s Hedge Busted as Oil and Freight Revenue Slide appeared first on gCaptain.

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