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Comments A.P. Moller-Maersk (OTCPK:AMKBY) (OTCPK:AMKBF) -5.3% in Copenhagen trading on Thursday after reporting better than expected Q3 results but warning that falling freight rates were set to cause losses in its ocean container business in Q4. Maersk (OTCPK:AMKBY) ( Quick Insights Maersk warns that falling freight rates could cause losses in its ocean container business in Q4 and tough earnings beyond. Investors were concerned about weak Q4 guidance, narrowing outlook, and difficult future earnings conditions. An oversupply of ships relative to demand is causing lower freight rates and signals continued tough earnings conditions for Maersk. Recommended For You More Trending News
