Maersk blamed overcapacity for its record EBIT losses in the fourth quarter but it failed to mask the fact that it has continuously underperformed the market, according to Linerlytica’s latest report. The Danish ocean carrier reported EBIT losses of US$920 million for its Ocean business with EBIT margins dropping to -12.8% in the last quarter … Continue reading How long can Maersk investors tolerate below-par performance, wonders Linerlytica