Less Profit in Sight as Maersk Overcapacity Hits Growth
By Scott Hamilton European container-shipping operators such as A.P. Moeller-Maersk A/S may benefit little from higher volumes next year as carrier lines
gCaptain’s full coverage of A.P. Moller-Maersk (Maersk), one of the world’s leading container transportation companies.
By Scott Hamilton European container-shipping operators such as A.P. Moeller-Maersk A/S may benefit little from higher volumes next year as carrier lines
0727 GMT 21 November [Dow Jones] STOCK CALL: A.P. Moller-Maersk‘s plan to move away from the shipping segment to focus investment in other businesses,
Maersk made some comments recently that indicated they may be moving away from the shipping business, however Group CEO Nils Anderson makes it 100% clear in
Maersk’s movement away from the shipping business continued ahead today with the sale of their entire Handygas tanker fleet to Navigator Gas.
(Bloomberg) — Maersk Line, the world’s biggest operator of container ships, expects rates to rise on trans-Pacific routes next month because of an
Denmark’s AP Moller-Maersk (MAERSK-A.KO, MAERSK-B.KO) will shift the focus of its business activity from shipping, choosing instead to concentrate on its
(Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, won an appeals court ruling that reinstates a $15 million jury verdict
(Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container shipping line, is betting that China will evolve into a consumer
The Emma Maersk and her E-class of sister containerships have had their day in the sun, but there’s now an even bigger kid on the block named Marco Polo
A.P. Moller-Maersk A/S (AMKBY, MAERSK-A.KO, MAERSK-B.KO) on Friday warned global demand for seaborne containers will grow more slowly than the group forecast
[vimeo]http://vimeo.com/52383530[/vimeo] Steffen Conradsen, Head of Global Execution at Maersk Line, the world’s largest containership owner, gives us
(Bloomberg) — Europe’s largest container lines are making an attempt to increase Asia-Europe rates to more than break-even levels and restore
Construction of the world’s largest ship is picking up speed. Recently, the very first propeller was loaded onto the Maersk Salalah container ship in
(Bloomberg) — U.S. imports of containerized goods are the highest since before the recession as the economic recovery gains traction, boosting rates for
(Bloomberg) — A.P. Moeller-Maersk A/S, the world’s largest container line, said it will remove 19 ships from Asia- Europe trade lanes in a bid to
With a population of 84 million, Egypt has the largest population of all of the Arab nations, and in 2011 reported a GDP $232 billion. The country is also
LONDON–BP PLC (BP) is looking to ship 2 million barrels of North Sea crude to South Korea at the end of October, according to shipping fixtures seen
Maersk Line, the world’s largest container shipping company by volume, has ended port calls to Iran saying that the company’s limited business in
Overseas Shipholding Group, Inc. (NYSE: OSG) announced today that a new service agreement has been signed with Maersk Oil Qatar AS (MOQ) for the FSO Africa, a
LONDON–Danish shipping giant A.P. Moller Maersk A/S (AMKBY) is in talks with Vitol SA over reports the trading house chartered one of the
Join the 108,886 members that receive our newsletter.
Have a news tip? Let us know.Maritime and offshore news trusted by our 108,886 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up