Maersk puts cost of June cyberattack at $300m
But aside from that, and a write-down at a unit that is on the chopping block, CEO Soren Skou has a sunny outlook for the industry
Copenhagen — AP Moller-Maersk said a cyberattack that hit the owner of the world’s biggest container shipping company at the end of June will wipe as much as $300m off profits in the third quarter. The announcement was made in connection with second-quarter earnings, which showed Maersk missed analyst estimates after taking a write-down at the tankers unit that is part of the energy business management has said it wants to get rid of. In an interview with Bloomberg Television, CEO Soren Skou said the industry outlook was bright, despite the disruptions of cyberattacks and write-downs. Management at the Danish company saw "very healthy fundamentals" for container shipping, Skou told Bloomberg’s Matt Miller and Guy Johnson. Frode Morkedal, the MD of Clarksons Platou Securities, said the report was "slightly on the negative side, but we find solace in their positive market comments", in a note to clients. Of the 31 Maersk analysts tracked by Bloomberg, 15 are telling investors to buy t...
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