HONG KONG Jan 11 Maersk Line, the world's
biggest container ship operator, said on Friday it sees no need
for new capacity in the industry for the next couple of years
and while conditions will remain challenging, it sees potential
for the company to achieve better results in 2013.
Maersk Line, a unit of Danish group A.P. Moeller-Maersk
and barometer of world trade as its fleet carries
more than 15 percent of all sea-borne containers, returned to
profit in the third quarter thanks to a rebound in shipping
container rates, after four consecutive quarters of losses.
"We hope to be able to build on this momentum and deliver
overall returns which provide an acceptable return on the
capital we invest," North Asia chief executive Tim Smith said.
"In this regard, we believe 2013 provides some potential to
deliver a better result than 2012, although market conditions
remain challenging," he added.
In terms of capacity, Maersk would only grow with the
market. "We don't want to do anything to undermine the fragile
supply and demand balance," he said.