World’s Biggest Container Line Ready to Lose Money to Win Market
By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s largest container line says he’s willing to lose money in the short
gCaptain’s full coverage of A.P. Moller-Maersk (Maersk), one of the world’s leading container transportation companies.
By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s largest container line says he’s willing to lose money in the short
By Mike Wackett, (The Loadstar) – Maersk Line remained in the red in the third quarter, today reporting a net loss of $116m on the back of a 16%
By Chris Bryant (Bloomberg Gadfly) — It’s hard to think of two more challenged industries than oil and shipping. AP Moller-Maersk A/S’s
By Jacob Gronholt-Pedersen COPENHAGEN, Nov 2 (Reuters) – A.P. Moller-Maersk , the world’s biggest shipping firm, said the container business on
Editor’s Note: A.P. Møller – Mærsk A/S published its Interim Report for Q3 2016 on Wednesday, 2 November 2016, reporting that its third
By Christian Wienberg and Nicholas Brautlecht (Bloomberg) — A.P. Moller-Maersk A/S, owner of the world’s largest container line, said mergers like
LONDON/FRANKFURT, Oct 27 (Reuters) – Germany’s HSH Nordbank has arranged a deal which will see six container ships from collapsed South Korean line
By Nikolaj Skydsgaard COPENHAGEN, Oct 17 (Reuters) – Shipping conglomerate A.P. Moller-Maersk said on Monday it was striving to improve workers’
By Christian Wienberg and Kyunghee Park (Bloomberg) — A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new
By Brenda Goh SHANGHAI, Sept 26 (Reuters) – For Captain Dick S. Danielsen, the childhood dream has been to sail the world’s biggest ships. The
By Christian Wienberg (Bloomberg) — The owner of the world’s largest container shipping line will stop ordering newly built vessels and instead pursue
By Chris Hughes (Bloomberg Gadfly) — AP Moeller-Maersk is the latest company to do the splits. But the Danish conglomerate isn’t going for a dramatic
Editor’s Note: Danish business conglomerate A.P. Moeller-Maersk A/S, owner of the world’s biggest container shipping company and other marine,
By Jacob Gronholt-Pedersen COPENHAGEN, Sept 22 (Reuters) – Denmark’s A.P. Moller-Maersk , the world’s largest container shipping group, is
By Jacob Gronholt-Pedersen COPENHAGEN, Sept 22 (Reuters) – The world’s biggest shipping firm, A.P. Moller-Maersk, set a new course on Thursday that
By Justin Fox (Bloomberg View) — It was always going to be tough for the world’s container shipping lines — accustomed to decade after decade
By Christian Wienberg (Bloomberg) — Maersk Line, the world’s largest container shipping company, is seeing a short-term rise in freight rates and an
The world’s largest container shipping company Maersk Line says it will deploy six vessels on a new transpacific service connecting Asia and the United
By Christian Wienberg (Bloomberg) — A.P. Moeller-Maersk A/S said it’s still considering several options in its strategic review after a local newspaper
Maersk Supply Service is planning to reduce its offshore vessel fleet by up to 20 vessels and axe 400 jobs over the next 18 months, the AP Moller-Maersk
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