Amel M’RABETAdvising the world’s largest container shipping company Maersk Line SAS

Lower freight, oil prices push Moller-Maersk profit down 82 per cent...epa05152303 (FILE) A file photo dated 18 August 2013 showing the world's biggest container vessel Mærsk Mc-Kinney Moeller arriving at the container terminal during its maiden voyage in Bremerhaven, Germany. Danish shipping and oil group AP Moller-Maersk said 10 February 2016 its full-year 2015 net profit plunged 82 per cent due to lower freight rates and oil prices and writedowns of oil assets. The net profit of 925 million dollars compared with 5.2 billion dollars in 2014. The 2014 results were affected by gains from sales of stakes in a supermarket group and other assets. Turnover in 2015 declined 7.4 billion dollars year-on-year to 40.3 billion dollars. The group that operates Maersk Line, the world's biggest container shipper, said average freight rates dropped during the year. Weaker demand affected transportation to emerging markets as well as imports to Europe and Latin America, it said. EPA/INGO WAGNER

Advising the world’s largest container shipping company Maersk Line SAS in setting up a joint venture with a Tunisian party including the drawing up of all required agreements i.e. shareholders’ agreement, etc.

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