Maersk says to rejoin Trans-Pacific conference

COPENHAGEN Nov 9 (Reuters) - Danish shipping and oil group A.P. Moller-Maersk (MAERSKb.CO) said on Monday that its Maersk Line would apply to rejoin the Trans-Pacific Stabilisation Agreement (TSA) after a five-year absence.

"With Maersk Line's acceptance, there will be 15 members of this...forum made up of major ocean shipping lines that carry cargo between Asia and the United States," A.P. Moller-Maersk said in a statement.

The decision to re-join the TSA comes after the trans-Pacific shipping trade has incurred losses estimated to be $3 billion or more, Maersk said.

(Reporting by John Acher)