Moody’s Downgrades Maersk Ratings, Outlook Negative

The issuer rating and senior unsecured rating of Danish shipping and oil giant A.P. Møller-Mærsk A/S have been downgraded to Baa2 from Baa1, according to Moody’s ratings agency.

Moody’s Downgrades NYK Line, Outlook Negative

The issuer rating of one of Japan’s Big Three shipping companies, Nippon Yusen Kabushiki Kaisha (NYK Line), has been downgraded to Baa3 from Baa2 with negative outlook, according to ratings agency Moody’s Japan K.K.

Moody’s: Maersk Ratings on Review for Downgrade

Denmark-based shipping and oil company A.P. Møller-Mærsk’s Baa1 issuer rating, Baa1 senior unsecured rating and the (P)Baa1 medium-term note (MTN) program rating were placed on review for downgrade, according to Moody’s rating agency.

K Line withdraws from Moody's credit rating following downgrade

Kawasaki Kisen Kaisha (K Line) has made an issuers ratings withdrawal from Moody’s following a recent...