By Mike Wackett (The Loadstar) - 2M partners Maersk and MSC have extended the suspension of their TA4/NEUATL4 transatlantic loop through to September. The service, which deploys five vessels with an average capacity of 5,300 teu and has a rotation of Antwerp-Rotterdam-Bremerhaven-Liverpool-New York-Savannah-Port Everglades-Savannah, was originally suspended until mid-June … [Read more...]
Maersk Heads Zero-Carbon Drive with $60 million Research Center
By Nikolaj Skydsgaard COPENHAGEN, June 25 (Reuters) - The world's largest container shipper, A.P. Moller-Maersk, will team up with industry majors to set up a research center in Denmark with the aim of reducing carbon emissions in the shipping industry. Denmark's Maersk, which aims to be carbon-neutral by 2050, said on Thursday the research center would combine knowledge … [Read more...]
Maersk Says Demand Developing Better Than Expected
By Frances Schwartzkopff and Christian Wienberg (Bloomberg) --A.P. Moller-Maersk A/S said the development in the second quarter has been better than the world’s largest container shipping company previously feared. “With the current trading, the market demand in the second quarter of 2020 is developing more favorably than originally expected,” Maersk, which controls about … [Read more...]
Maersk Reports Better-Than-Expected Second Quarter Results
COPENHAGEN, June 17 (Reuters) - A.P. Moller-Maersk , the world's top container shipping firm, said on Wednesday that market demand was developing "more favourable than originally expected" in the second quarter, sending its shares up 7%. The coronavirus crisis hit the container shipping trade as supply chains were upended and businesses and factory activity in China and … [Read more...]
USCG Medevacs Burned Crew Member of Maersk Ship in Atlantic
The U.S. Coast Guard medevaced a crew member of a Maersk containership who sustained burns in some kind of engine room explosion approximately 275 miles off the coast of Ocean City, North Carolina on Friday. Watchstanders at the Coast Guard’s Fifth District command center received a report on Thursday evening that an explosion occurred in the engine room of the cargo ship … [Read more...]