Maersk CEO: Holiday Shipping Won’t Save Carriers’ Christmas
By Jacob Gronholt-Pedersen and Terje Solsvik COPENHAGEN, Sept 29 (Reuters) – A.P. Moller-Maersk’s chief executive said on Thursday he expects a
gCaptain’s full coverage of A.P. Moller-Maersk (Maersk), one of the world’s leading container transportation companies.
By Jacob Gronholt-Pedersen and Terje Solsvik COPENHAGEN, Sept 29 (Reuters) – A.P. Moller-Maersk’s chief executive said on Thursday he expects a
One of the world’s largest container shipping lines and terminal operators is throwing its support behind a bill introduced in the U.S. House of
By Nick Savvides (The Loadstar) – A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers
By Nick Savvides (The Loadstar) – A New York shipper is legally pursuing Maersk for $180m, claiming the carrier failed to meet contractual obligations
APM Terminals (APMT), a leading port operator and part of A.P. Moller – Maersk, has announced an agreement to divest its minority stake in Global Ports
Maersk and China International Marine Containers (CIMC) have abandoned plans for the sale of Maersk’s reefer container business to CIMC after a U.S.
By Mike Wackett (The Loadstar) – South Korea’s national flagship carrier, HMM, reported a net profit of $2.24bn in the second quarter, for a
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by Nikolaj Skydsgaard (Reuters) A.P. Moller-Maersk has withdrawn its board member from industry organisation International Chamber of Shipping (ICS), partly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
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