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Maersk returns to profit as world trade picks up

Danish container shipping firm AP Moller-Maersk has reported a return to profit, after global trade picked up.

Maersk reported a net profit of 28.2bn Danish kronor ($5.18bn; £3.19bn) for 2010 against a loss of 5.49bn Danish kronor the year before.

In 2009, trade and shipping was hit badly by the economic downturn.

The BBC's Julia Caesar reports.

  • 23 Feb 2011
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