A.P. Moller-Maersk CEO: Asia's Business (04/04)

A.P. Moller-Maersk CEO: Asia's Business (04/04) Play

April 4 (Bloomberg) -- The owner of the world’s biggest container shipping line says trade between Asia and Europe -- the world’s busiest lane -- will remain weak this year because of overcapacity and economic downturn in Europe. At the same time, A.P. Moeller-Maersk Group CEO Nils Andersen tells Haslinda Amin that demand for cargoes to the U.S. is picking up, and that intra-Asia trade and shipments to other emerging markets are expected to grow this year. (Source: Bloomberg)

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