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Moeller-Maersk profits drop on crisis-hit transport

Danish shipping and oil giant A.P. Moeller-Maersk reported on Thursday a net loss of 3.86 billion kroner (518 million euros, 776 million dollars) for the first nine months of 2009 owing to a fall in global oil and transport prices. Skip related content

The world's largest container transporter, which also said its sales had fallen amid the global economic crisis, had reported a net profit of 17.68 billion kroner for the same period in 2008.

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