A.P. Moller-Maersk A/S, the owner of the world’s biggest container shipping line, saw its shares fall Nov. 9 as the outcome of the U.S. presidential election fanned concern there will be a shift toward policies that are hostile toward global trade.
Maersk sank as much as 5.6% to trade 3.4% lower at 9,215 kroner at 11:29 a.m. in Copenhagen. The company’s Maersk Line unit commands almost 16% of the global market for transporting goods by sea. Executives at Maersk have already signaled alarm at the prospect of a world in which some of the biggest political powers adopt a more protectionist tone in their trade policies.
