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Maersk profits bounce back

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Maersk profits bounce back

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Danish shipping and oil group Moller-Maersk has enjoyed a rebound in earnings, posting a net profit the equivalent of 1.8 billion euros for the first six months of the year.

That was thanks to a recovery in the amount of freight being shipped and how much it can charge.

The group, which includes the world’s biggest container shipping company Maersk Line, also raised its profit outlook for 2010.