Maersk Line has announced that it has entered into Vessel Sharing Agreement (VSA) with Mediterranean Shipping Company (MSC) and Mitsui OSK Lines (MOL) on the Asia to East Coast of South America trade.

The news comes days after Maersk Line revealed it had turned in its best-ever first quarter result, with profit up 57.1 per cent to US$714m – the result lower bunker costs and a strong US Dollar.

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