Container Shipping Lines Set to Smash Profit Record
By Brendan Murray (Bloomberg) — The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%,
gCaptain’s full coverage of A.P. Moller-Maersk (Maersk), one of the world’s leading container transportation companies.
By Brendan Murray (Bloomberg) — The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%,
Maersk is extending its streak of acquisitions with an agreement to acquire a Denmark-based project cargo specialist. A.P. Moller – Maersk will acquire
By Mike Wackett (The Loadstar) – Maersk CEO Soren Skou told investors today he remained “confident” about the shipping line’s contracted customers
Maersk reports its 15th consecutive quarter with year-on-year earnings improvements. A.P. Moller – Maersk (Maersk) reported a net profit of $8.6 billion
Lingering congestion in container shipping is continuing to buoy high freight rates, leading the world’s number two ocean carrier to upgrade its earnings
by Nikolaj Skydsgaard (Reuters) A.P. Moller-Maersk has withdrawn its board member from industry organisation International Chamber of Shipping (ICS), partly
By Richa Naidu and Padraic Halpin LONDON/DUBLIN, June 22 (Reuters) – The cost of shipping goods has surged 25-30% since the start of the pandemic due
By Mike Wackett (The Loadstar) – Maersk is looking to overland Asian containers at less-congested North European ports and evacuate long-stay imports to
A 332.5-meter-long Maersk containership apparently ran aground, and was later refloated, in the Savannah River en route to the Port of Savannah on Tuesday. AIS
A.P. Moller Holding A/S and Cargill have increased their investment in ZeroNorth, a Danish technology startup seeking to “make global trade green.”
A.P. Moller – Maersk has announced the closing of its acquisition of Hamburg-based freight forwarding company Senator International as the container
Maersk is claiming the China’s first coastal relay of international cargo by a foreign ocean carrier, marking a “milestone” in China’s
A.P. Moller – Maersk has opted to close the oil rig decommissioning business it launched in 2018. Named Maersk Decom, the company was launched as a 50-50
Maersk will deploy two of its ice-class containerships to its Canada Express service connecting Northern Europe with Canada. The two ships, Vistula Maersk and
A.P. Moller – Maersk, owner of the world’s number two shipping line, reported its best earnings quarter ever in Q1 2022 as strong rates more than
In this episode of What is Going on With Shipping, gCaptain contributor Sal Mercogliano, discusses the 66th anniversary of the sailing of the SS Ideal X with
A.P. Moller-Maersk, owner of the world’s second largest container shipping line, has upgraded its full year 2022 guidance, forecasting this year to be
April 13 (Reuters) – Russia is bracing for a sharp decline in cargo flows and a deficit of containers after major international
By Mike Wackett (The Loadstar) – Despite MSC continuing to stretch its lead over Maersk in the containership total capacity stakes, the Danish carrier
By Mike Wackett (The Loadstar) – The shift by some ocean carriers to owning more tonnage rather than chartering-in ships has depleted the containership
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