Danish shipping and oil group A.P. Moller-Maersk's Chief Executive Nils Smedegaard Andersen said on Wednesday:
* Container rates are back to 2008 level, volumes close to 2008 level
* Still waiting for upturn in U.S. and European consumption to drive shipping market
* Container shipping market has normalised in terms of demand and volumes
* Increased earnings have given group money to carry out investments needed to sustain all its business areas
* Major investments will continue to be in oil and port terminals businesses, will continue looking for distressed assets
* Group will consider investing further in advanced offshore rigs
* Confident that Maersk will be among first to resume drilling in Gulf of Mexico due to safe equipment
* Container rates are back to 2008 level, volumes close to 2008 level
* Still waiting for upturn in U.S. and European consumption to drive shipping market
* Container shipping market has normalised in terms of demand and volumes
* Increased earnings have given group money to carry out investments needed to sustain all its business areas
* Major investments will continue to be in oil and port terminals businesses, will continue looking for distressed assets
* Group will consider investing further in advanced offshore rigs
* Confident that Maersk will be among first to resume drilling in Gulf of Mexico due to safe equipment