Aug 3 (Reuters) - AP Moeller - Maersk A/S CEO Soren Skou said:

* WE EXPECT Q3 IN LINE WITH Q2, WITH A WEAKENING IN Q4

* NO PLANS TO USE PROFITS TO INCREASE CAPACITY; WILL ONLY REPLACE OLD SHIPS

* I DO NOT EXPECT A COLLAPSE IN DEMAND

* ANY POTENTIAL CLOSURE OF THE TAIWAN STRAIGHT WOULD HAVE A NEGATIVE IMPACT ON GLOBAL SHIPPING

* WE'RE STILL NOT SEEING CUSTOMERS ASKING TO RENEGOTIATE LONG-TERM FREIGHT RATES

* WE ARE IN TALKS TO SELL OUT RUSSIAN BUSINESS, AND EXPECT NEGOTIATIONS TO END RELATIVELY SOON

* WE DO NOT PLAN TO FOLLOW IN FOOTSTEPS OF FRANCE'S CMA CGM TO LOWER FREIGHT RATES AS A WAY TO TAME INFLATION Further company coverage: (Reporting By Terje Solsvik)