Denmark's AP Moller Holding is facing up to big valuation losses this year due to the coronavirus, after a strong 2019.
The investment company controls boxship giant AP Moller-Maersk, product carrier player Maersk Tankers and Maersk Drilling. It also owns 20% of Danske Bank, among other investments.
Chief executive Robert Maersk Uggla described last year as "relatively rosy", but said the outlook is dimming.