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Containers Finance Ports and Logistics

Moody’s lowers Maersk rating

Credit agency downgrades the container and logistics’ giants rating to Baa3 in recognition of the ‘volatile and cyclical business’ of boxshipping. However, Moody’s credits Maersk with its integration strategy and successful takeover of Hamburg Süd, ensuring its ratings outlook remains stable

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The ratings agency said the financial flexibility offered by $5bn worth of Total shares is also positive, allowing Maersk to protect its balance sheet as it continues its transformation

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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