Maersk's moves come as shipping companies are struggling to survive the worst collapse of global trade since World War II. Analysts predict that at least one of the world's 20 biggest shipping companies will go bust this year, caught by the global economy's sudden downturn as the industry was ramping up capacity. Global trade is expected to fall 9% in value this year, according to the World Trade Organization. Click this link to read full article Wall Street Journal 4/9/09
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