AP Moller Maersk, the world's largest container shipping firm, surprises the market with a 9.2B...

|By:, SA News Editor

AP Moller Maersk, the world's largest container shipping firm, surprises the market with a 9.2B kr. ($1.77B) share placing. Based on recent comments of CEO Nils Andersen, the move may signal the beginning of a major pricing war. For now, Claymore/Delta Global Shipping ETF (SEA) +0.4% to $11.90.