World Maritime News – Page 118

Maersk Raises 2019 Profit Forecast

The company now expects its EBITDA to be in the range of USD 5.4 to 5.8 billion, up from the previous USD 5 billion.

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Delivered tonnage of crude oil tankers grew by 37%, while total demolitions dropped to the lowest in a decade.

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The company would use the funds for general corporate purposes.

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The scheme would be valid for another 3 years, starting from January 1, 2020 and until December 31, 2022.

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The term sheet for the refinancing of 156,000 cbm WilForce and WilPride has been credit approved.

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