A.P. Møller - Mærsk A/S (OMX: MAERSK A, OMX: MAERSK B) share continued its strong run as of late on Monday as shipping companies have managed to press through marked price increases on the Asia-Europe route within the last few weeks. Maersk was very cautious on its outlook for 2012 concerning Container Shipping segment in its Q4 report so it does not take that much to be able to surprise to the upside.
For quite some time now container shipping companies have only just managed to cover bunker costs as overcapacity has given individual companies weak negotiating position. Maersk’s peers have communicated of new alliances as of late and as many of the newbuilds ordered towards the end of last cyclical peak have been delivered, companies are seeking some clarity and restoration of profitability.
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