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In what country is A. P. Møller-Maersk based? How many "twenty-foot equivalent units" or TEUs (standard shipping containers) did Maersk handle in 2016 in its terminals? (Hint: See Exhibit 3)

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Final answer:

A. P. Møller-Maersk is based in Denmark and plays a significant role in the global container shipping industry. The exact number of TEUs handled by Maersk in 2016 is not provided, but the company's prominence in the field suggests a substantial volume.

Step-by-step explanation:

The multinational company A. P. Møller-Maersk is based in Denmark and is known for its substantial operations in the container shipping industry. While the specific number of twenty-foot equivalent units (TEUs) Maersk handled in 2016 at its terminals is not provided in the reference material, the company has historically been one of the largest container ship operators worldwide. TEUs are the standard measure for capacity in the container shipping industry, and handling large volumes of these units is indicative of Maersk's role in global trade and shipping.

In the context of container shipping and terminal operations, intermodal containers revolutionized the shipping industry by allowing goods to be easily transported using different modes of transportation without unloading and reloading the cargo, effectively reducing shipping costs and times. As a result, container ships became a primary mode of cargo transport globally, and companies like Maersk lead in providing these services.

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