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Euronews
Euronews
Doloresz Katanich

Maersk profit falls sharply as firm keeps forecast despite Hormuz uncertainty

Shipping giant Maersk reported sharply lower earnings in the first three months of the year, despite strong demand for container transport.

Net profit for January to March fell to $100m (€85m), around 12 times lower than a year earlier, when earnings were boosted by exceptionally strong demand for sea freight.

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