Interview: Maersk Group CEO Discusses Record Profit, Focus on Shipping and Energy
In this video, Maersk Group CEO Nils S. Andersen explains what drove the Group’s record profit in 2014, elaborates on the impact of a lower oil price
gCaptain’s full coverage of the global container shipping industry.
In this video, Maersk Group CEO Nils S. Andersen explains what drove the Group’s record profit in 2014, elaborates on the impact of a lower oil price
Maersk Line’s triple-E class containership Munkebo Maersk will call at the DP World London Gateway port on the morning of 26 February. With a capacity of
“Our focus now is getting cargo moving,” Chad Lindsay, PMA’s vice president said at the news conference. “There have been significant impacts to many
DNV GL on Thursday announced that it has welcomed the MSC Oscar containership into its class, which at 19,224 TEU is the world's largest containership by
Hamburg Süd’s acquisition of Chilean container shipper Compañía Chilena de Navegación Interoceánica S.A. (CCNI) is nearly complete today with the
The expected APL Logistics deal value is far higher than the $750 million to $900 million range that sources said Singapore-based NOL had been looking for.
Firefighters in Oakland battled a two-alarm blaze in the superstructure of a cargo ship berthed at the Port of Oakland on Sunday evening. The fire was reported
A U.S. West Coast port strike is pushing up shipping freight rates as delays in offloading and taking on new cargo mean container ships are unavailable for
Dubai-based marine terminal operator DP World Limited says it handled 60 million TEU across its global portfolio of container terminals in 2014, with gross
Japanese shipbuilder Imabari Shipbuilding Co., Ltd. says it has secured newbuilding orders for 11 containerships with a TEU capacity of 20,000, marking the
Maersk Line reports they have upped the bar today for the most containers ever loaded on to a ship. The Maersk Mc-Kinney Moller left Algeciras today with the
Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 24.6 percent last
China Ocean Shipping Group Co (COSCO) returned to profit in 2014 after three years of losses, state media said on
Shanghai retained its title as the world’s busiest container port for a fifth consecutive year after widening the gap with its closest rival
Hapag-Lloyd AG, Germany’s biggest container shipping line, will be an attractive investment once results improve and costs are reduced, Chief Executive
The 19,100 TEU CSCL Globe made its maiden call at the Port of Hamburg on Thursday as it continues its maiden voyage from China to
Soon-to-be defunct Horizon Lines says it has been issued a waiver from the North American ECA fuel sulfur content requirements allowing three of its Jones Act
A port slowdown and eight months of fruitless labor talks with longshoremen have brought West Coast port congestion to the point of a breakdown, according to
Mitsui O.S.K. Lines reports that the MOL-operated containership, MOL Express, has run aground in eastern
The new world's biggest containership by carrying capacity, the MSC Oscar, was christened at the DSME in South Korea on
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