Wednesday, May 5, 2021
APM terminals los angeles
Shipping

Maersk Reports Pandemic-Fueled Record First Quarter

The world’s largest container shipping line A.P. Moller – Maersk reported an “exceptionally strong” first quarter, with the company benefitting from strong pandemic-fueled demand and significant disruptions in global supply...

May 5, 2021
Total Views: 1173

Mumbai Maersk at the Port of Tanjin Pelepas
Finance

Maersk Says Mega Ships Will Carry Mega Profits Into 2022

By Jacob Gronholt-Pedersen (Reuters) Denmark’s Maersk (AMKBY) said on Wednesday it expected its “exceptionally strong” performance in the first quarter to continue for the rest of the year, driven by...

May 5, 2021
Total Views: 6071

Monday, April 26, 2021
maersk ship
Shipping

Maersk Upgrades Full-Year Guidance by Billions

Danish shipping conglomerate A.P. Moller – Maersk A/S announced a big upgrade to its full year guidance for the year due to the “exceptional market situation” happening in container shipping...

April 26, 2021
Total Views: 7032

Monday, March 29, 2021
Spire AIS Global Ship Voyage Data
News

Ship Backlog from Suez Closure Will Take Months to Clear, Shipping Lines Say

COPENHAGEN/LONDON, March 29 (Reuters) – The stranding of a container ship in the Suez Canal has created disruptions in the global shipping industry that could take weeks and possibly months...

March 29, 2021
Total Views: 5436

Tuesday, March 23, 2021
maersk tanker
Shipping

Maersk Can’t Get Enough Women to Chase Top Management Positions

By Christian Wienberg (Bloomberg) — The chairman of A.P. Moller-Maersk A/S, Jim Hagemann Snabe, says it’s proving difficult to get enough women to apply for top management jobs at the world’s...

March 23, 2021
Total Views: 8016

Wednesday, March 17, 2021
Piracy

Denmark to Send Frigate to Combat Piracy in Gulf of Guinea

(Bloomberg) — Denmark will send a naval vessel to West Africa’s Gulf of Guinea to aid the fight against rampant piracy. The decision follows a call by A.P. Moller-Maersk A/S...

March 17, 2021
Total Views: 2674

Wednesday, March 10, 2021
Environment

Maersk, Keppel Launch Green Ammonia Ship-to-Ship Bunkering Project in Singapore

A handful of major maritime industry stakeholders including Maersk and Keppel have teamed up to study and possibly develop a green ammonia ship-to-ship bunkering supply chain in Singapore, the world’s...

March 10, 2021
Total Views: 2683

maersk freight cargo
Shipping

Maersk is Said to Weigh Sale of $1 Billion Reefer Container Unit

By Vinicy Chan, Christian Wienberg and Aaron Kirchfeld (Bloomberg) — A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business as demand for the cold storage units surges during...

March 10, 2021
Total Views: 11079

Tuesday, February 23, 2021
maersk containership
Shipping

Maersk Backs Plan for Large Green Ammonia Plant in Denmark

COPENHAGEN, Feb 23 (Reuters) – Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe’s largest green ammonia plant in Denmark as part...

February 23, 2021
Total Views: 1971

Accidents

Maersk Updates on Transpacific Ships’ Return to Service After Cargo Losses

Maersk is providing updates on its two ships that lost a significant number of containers overboard in the Pacific Ocean recently. First up is Maersk Essen which lost some 750...

February 23, 2021
Total Views: 8435

Wednesday, February 17, 2021
maersk ship
News

Maersk Plans to Debut First Carbon Neutral Ship in 2023

By Jacob Gronholt-Pedersen (Reuters) – Shipping group Maersk ($AMKBY) said on Wednesday it would accelerate plans to decarbonize sea-borne container shipping by putting the world’s first vessel powered by carbon-neutral...

February 17, 2021
Total Views: 2025

Wednesday, February 10, 2021
Eleonora Maersk Los Angeles Record
Shipping

Maersk Sees Global Shipping Turmoil Calming by Mid-Year

By Christian Wienberg, Kyunghee Park and Morten Buttler (Bloomberg) — The world’s largest container carrier said trade disruptions that have sent freight rates soaring and overwhelmed major ports may start to...

February 10, 2021
Total Views: 1702

maersk ship
Maritime News

Maersk Misses Wall Street Forecast Despite High Rates

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 10 (Reuters) – A surge in demand for goods like furniture and exercise equipment from locked-down consumers has sparked a jump in shipping rates, boosting profits for...

February 10, 2021
Total Views: 1199

Wednesday, January 27, 2021
maersk ship
Shipping

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...

January 27, 2021
Total Views: 873

Wednesday, January 20, 2021
Accidents

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: 10432

Thursday, January 14, 2021
ocean cleanup project
Environment

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: 4786

Wednesday, January 13, 2021
semisubmersible drilling rig
Offshore

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: 4924

Wednesday, December 30, 2020
Accidents

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: 14788

Friday, December 11, 2020
offshore drilling rig brazil
Offshore

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: 3352

Friday, November 20, 2020
Shipping

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: 5550