The A.P. Moller – Maersk Group last week reported a profit of $5 billion for 2010. It said the main factors were increased container rates and volumes, reduced costs per unit and an increased oil price.

The container activities delivered a profit of $2.6 billion for 2010. A dramatic improvement compared to 2009  and to the profit of only $205 million in 2008, where conditions were comparable to 2010.

From Marine Log