16/08/2017at 09:37

Maersk Tankers books huge impairment on vessels

The Maersk Group's product tanker carrier, Maersk Tankers, lost more than USD 483 million in the second quarter, a deficit that pulls the group into the red. Port unit APM Terminals also booked impairments related to several ports.

BY OLE ANDERSEN, SHIPPINGWATCH

A towering impairment of USD 464 million, attributed to lower asset values, knocked Maersk Tankers off its feet in the second quarter, slapping the product tanker carrier with a net deficit of USD 483 million, shows the Maersk interim report Wednesday.

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