Wednesday, January 27, 2021
maersk ship

Heavy Industry, Transport Sectors to Align on Net-Zero Climate Plans

By Valerie Volcovici WASHINGTON, Jan 27 (Reuters) – Over 400 companies across some of the world’s biggest greenhouse gas emitting industries – from shipping to steelmaking – have agreed to work together...

10 hours ago
Total Views: 455

Wednesday, January 20, 2021

MSC Says It Will Pony Up to Avoid General Average in Maersk Elba Fire

MSC Mediterranean Shipping Company is taking the unusual step of covering costs related to the fire on board the Maersk Elba in order to avoid General Average. The Maersk Elba...

January 20, 2021
Total Views: 10041

Thursday, January 14, 2021
ocean cleanup project

Maersk Extends Partnership to Help Cleanup Plastic Pollution at Sea

Maersk and the Dutch non-profit The Ocean Cleanup are extending their partnership to rid the world’s ocean of plastic pollution. Founded in 2013, The Ocean Cleanup’s mission is to develop...

January 14, 2021
Total Views: 4617

Wednesday, January 13, 2021
semisubmersible drilling rig

Ocean 100: The 100 Companies That Dominate the Ocean Economy

By Umberto Bacchi Jan 13 (Thomson Reuters Foundation) – Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to...

January 13, 2021
Total Views: 4635

Wednesday, December 30, 2020

Maersk Elba Under Tow to Algeciras Following Engine Room Fire

The Maersk Elba is under tow to the Port of Algeciras following an engine room fire that left the ship disabled just off Portugal’s southern coast. The fire broke out...

December 30, 2020
Total Views: 14289

Friday, December 11, 2020
offshore drilling rig brazil

Brazil Prosecutors Sue Maersk and Others Alleging Corruption

By Gram Slattery and Sabrina Valle RIO DE JANEIRO, Dec 11 (Reuters) – Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former executives representing the firm...

December 11, 2020
Total Views: 3313

Friday, November 20, 2020

CMA CGM Expects Strong Year-End for Container Shipping

PARIS, Nov 20 (Reuters) – Container shipping group CMA CGM said on Friday shipping activity remained strong in the final quarter of 2020 after a rebound from initial coronavirus-related disruption boosted the French...

November 20, 2020
Total Views: 5538

Wednesday, November 18, 2020
Maersk ship

Maersk Starts $1.6 Billion Share Buyback After Guidance Raised

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S has launched a $1.6 billion share buyback program, as the world’s biggest container shipping company says the Covid crisis has so far...

November 18, 2020
Total Views: 1467

madrid maersk

Maersk Confident About Container Shipping Recovery In 2021

By Jacob Gronholt-Pedersen COPENHAGEN, Nov 18 (Reuters) – Shipping group Maersk said on Wednesday it is confident about the outlook for shipping beyond 2020 as a second wave of coronavirus infections has only had...

November 18, 2020
Total Views: 4441

Tuesday, November 17, 2020
maersk ship
Maritime News

Maersk Raises Guidance Ahead of Earnings Release

By Alastair Reed (Bloomberg) –A.P. Moller-Maersk A/S raised its guidance for a second time since October as the world’s biggest container shipping company enjoys stronger demand than feared amid the...

November 17, 2020
Total Views: 1777

Wednesday, October 28, 2020
Maersk COVAXX Partnership

Maersk Enters Partnership To Supply COVID-19 Vaccines

COVAXX, a Long Island biotech company developing a multitope synthetic peptide-based vaccine to fight COVID-19, has announced a global logistics partnership with Maersk, one of the world’s largest shipping and...

October 28, 2020
Total Views: 12

Tuesday, October 27, 2020
Maritime News

Maersk to Manage Global Distribution of COVAXX’s COVID-19 Vaccine

Container shipping giant Maersk has partnered with COVID-19 vaccine developer COVAXX to distribute up to a billion doses of the COVAXX synthetic vaccine worldwide. The logistical agreement lays out a...

October 27, 2020
Total Views: 60

Friday, October 16, 2020
Maritime News

Maersk Kicks Off Air Freight Services with Chartered Plane from Thailand to Japan

A.P. Moller – Maersk, owner of the world’s number one ocean carrier, has kicked off its new air freight service with a chartered airplane from Thailand to Japan. The development comes...

October 16, 2020
Total Views: 78

Tuesday, October 13, 2020
Eleonora Maersk Los Angeles Record
Maritime News

Maersk to Lay Off 2,000 in Business Shake-Up, Lifts Outlook on Improving Demand

COPENHAGEN, Oct 13 (Reuters) – The world’s biggest container shipping line, Maersk, said on Tuesday demand was recovering faster than expected and lifted its earnings outlook, while also announcing plans...

October 13, 2020
Total Views: 78

Friday, September 25, 2020
Maritime News

Maersk Calls for Action as Stranded Seafarers Rise to 400,000

By K. Oanh Ha and Jack Wittels (Bloomberg) — The world’s largest container shipping companies and the United Nations Secretary-General are appealing to governments to resolve a labor crisis that...

September 25, 2020
Total Views: 81

Tuesday, September 1, 2020
maersk ship
Maritime News

Maersk to Cut Jobs and Retire Brands in Major Reorganization

COPENHAGEN, Sept 1 (Reuters) – Maersk will cut jobs in a major shake-up that will affect a third of the shipping giant’s staff as it seeks to integrate its seaborne...

September 1, 2020
Total Views: 60

Sunday, August 23, 2020
petrobras carwash probe
Maritime News

Maersk Executive Charged In Petrobras Corruption Scheme

by Marcelo Rochabrun (Reuters) – Brazilian prosecutors pressed charges on Friday against two people for an alleged scheme to obtain confidential market information from Petrobras to benefit A.P. Moller-Maersk, the...

August 23, 2020
Total Views: 63

Wednesday, August 19, 2020
Maritime News

COVID: Maersk Is Betting On A “U-Shaped Recovery”

by Christian Wienberg (Bloomberg) –The world’s largest container line may generate $1.5 billion more in operating profit this year than previously expected, as its business proves resilient to the Covid-19...

August 19, 2020
Total Views: 18

Soeren Skou, CEO Maersk

Maersk Forecasts A Return To Pre-COVID Container Demand In 2021

by Jacob Gronholt-Pedersen (Reuters) – Shipping group Maersk on Wednesday issued full-year earnings guidance above its forecast at the beginning of the year and said it expects demand for moving...

August 19, 2020
Total Views: 10

Wednesday, July 22, 2020
Maritime News

Danish Shipper Maersk to Stop Taking Waste to China, Hong Kong from September

By Mai Nguyen SINGAPORE, July 22 (Reuters) – Denmark’s A.P. Moller-Maersk , the world’s top container shipping firm, said on Wednesday it would stop accepting solid waste shipments bound for...

July 22, 2020
Total Views: 10