• ITVI.USA
    15,909.400
    -330.930
    -2%
  • OTLT.USA
    2.776
    0.014
    0.5%
  • OTRI.USA
    21.610
    -0.170
    -0.8%
  • OTVI.USA
    15,915.300
    -318.010
    -2%
  • TSTOPVRPM.ATLPHL
    3.520
    0.380
    12.1%
  • TSTOPVRPM.CHIATL
    2.960
    -0.660
    -18.2%
  • TSTOPVRPM.DALLAX
    1.610
    0.250
    18.4%
  • TSTOPVRPM.LAXDAL
    3.340
    -0.130
    -3.7%
  • TSTOPVRPM.PHLCHI
    2.100
    -0.250
    -10.6%
  • TSTOPVRPM.LAXSEA
    3.860
    -0.220
    -5.4%
  • WAIT.USA
    126.000
    -2.000
    -1.6%
  • ITVI.USA
    15,909.400
    -330.930
    -2%
  • OTLT.USA
    2.776
    0.014
    0.5%
  • OTRI.USA
    21.610
    -0.170
    -0.8%
  • OTVI.USA
    15,915.300
    -318.010
    -2%
  • TSTOPVRPM.ATLPHL
    3.520
    0.380
    12.1%
  • TSTOPVRPM.CHIATL
    2.960
    -0.660
    -18.2%
  • TSTOPVRPM.DALLAX
    1.610
    0.250
    18.4%
  • TSTOPVRPM.LAXDAL
    3.340
    -0.130
    -3.7%
  • TSTOPVRPM.PHLCHI
    2.100
    -0.250
    -10.6%
  • TSTOPVRPM.LAXSEA
    3.860
    -0.220
    -5.4%
  • WAIT.USA
    126.000
    -2.000
    -1.6%
American Shipper

A.P. MOLLER TO REPORT SHIPPING PROFITS BEFORE SPECIAL ITEMS FOR 2002

A.P. MOLLER TO REPORT SHIPPING PROFITS BEFORE SPECIAL ITEMS FOR 2002

   A.P. Moller said that it expects to report a profit before special items and tax of about DKK500 million ($70 million) from its shipping activities, rather than a loss of DKK1 billion ($140 million) predicted last August.

   The figure represents the expected combined result of three group subsidiaries engaged in shipping — D/S Svendborg, D/S 1912 and Tankers and Liners in Partnership — excluding shares in associated companies.

   A.P. Moller owns Maersk Sealand, Maersk Tankers, Safmarine and other companies.

   Following the announcement, the D/S Svendborg B shares went up 6 percent on Monday on the Copenhagen stock exchange, while the D/S 1912 A stock increased by 5 percent.

   The Danish group, which reported a loss on its container shipping business for the first half of 2002, did not comment specifically on the expected full-year result of Maersk Sealand.

   A.P. Moller will publish the 2002 financial results of its D/S Svendborg, D/S 1912 and Tankers and Liners in Partnership units on March 27.

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