Tuesday, January 18, 2022

Supply Chain Chaos Helped Ocean Carriers Reap $150 Billion in 2021. Economists Warns It’s Helping Stoke Inflation

By Lauren Etter and Brendan Murray (Bloomberg) — Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming

5 mins ago
Total Views: 52

Friday, January 14, 2022
APM terminals los angeles

Maersk Q4 Beats Expectations as Freight Rates Jump 80%

A.P. Moller – Maersk says preliminary results for the fourth quarter of 2021 beat expectations. Revenue during the final three months of last year came

January 14, 2022
Total Views: 2025

Wednesday, January 12, 2022

Maersk Advances Decarbonization Target By A Full Decade

By Stine Jacobsen (Reuters) – Container shipping giant A.P. Moller-Maersk now plans to achieve net zero emissions in its business by 2040, a decade

January 12, 2022
Total Views: 1340

Tuesday, January 11, 2022
APM terminals los angeles

Maersk Sees Supply Chain Strain Continuing ‘For Some Time’

COPENHAGEN, Jan 11 (Reuters) – Top container shipping firm A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move

January 11, 2022
Total Views: 1525

Monday, January 10, 2022

Maersk Exercises Options for Four More Methanol-Powered Containerships

A.P. Moller – Maersk on Monday confirmed it has exercised options for four additional newbuild containerships to be powered by carbon neutral methanol.

January 10, 2022
Total Views: 3899

Thursday, January 6, 2022

Does Size Matter? MSC and Maersk Shrug Off Capacity Ranking

by Jacob Gronholt-Pedersen (Reuters) Swiss-based container group MSC has overtaken Denmark’s Maersk as the world’s biggest shipper, the company

January 6, 2022
Total Views: 2029

Wednesday, January 5, 2022

MSC Passes Maersk to Become World’s Top Container Shipping Line

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is no longer the world’s largest container line. The Danish carrier has been overtaken

January 5, 2022
Total Views: 10555

Tuesday, December 28, 2021
Soeren Skou, CEO Maersk

Maersk’s Acquisition of LF Logistics a ‘Significant Milestone’

By Mike Wackett (The Loadstar) – Maersk’s proposed $3.6bn acquisition of Hong Kong-based LF Logistics represents a “significant milestone” in its

December 28, 2021
Total Views: 2164

Wednesday, December 22, 2021
Soeren Skou, CEO Maersk

Maersk to Acquire LF Logistics, Expanding End-to-End Supply Chain Portfolio in Asia

Seeking to bolster its end-to-end logistics solutions in Asia, A.P. Moller – Maersk has announced a deal to acquire Hong Kong-based LF Logistics in a

December 22, 2021
Total Views: 492

Monday, December 20, 2021
maersk ship

Maersk Makes Winter Weather Plans for Stormy North Atlantic

By Mike Wackett (The Loadstar) – A record-breaking Atlantic hurricane season has severely disrupted transatlantic liner services, adding to capacity

December 20, 2021
Total Views: 2938

Thursday, December 9, 2021
maersk freight cargo

Germany Competition Regulator to Look at Maersk’s Planned Sale of Reefer Container Unit to Chinese Company

Germany’s Federal Cartel Office is taking a closer look into the proposed sale of Maersk’s refrigerated container manufacturing unit to China

December 9, 2021
Total Views: 2287

Wednesday, December 8, 2021

First Look at Maersk’s New Green Methanol-Powered Containerships

Shipping giant Maersk has unveiled its design for a series of eight ‘carbon-neutral’ methanol-powered ultra-large containerships currently on

December 8, 2021
Total Views: 21860

Tuesday, December 7, 2021
containership sailing

‘Abandoned’ Exporters Scrambling for Space Prompt More Ad Hoc Charters

By Mike Wackett (The Loadstar) – Asian exporters “abandoned” by Maersk are scrambling for deals with rival carriers, inspiring a fresh wave of ad

December 7, 2021
Total Views: 1760

Friday, December 3, 2021

Maersk Family Buys COVID-19 Test Maker Unilabs

By Christian Wienberg (Bloomberg) — AP Moller Holding A/S, which invests the wealth of the billionaire Maersk family, has agreed to buy Covid-19 test

December 3, 2021
Total Views: 1550

Wednesday, December 1, 2021
maersk ship docking at port of oakland

Sailing Towards Record Profits, Maersk Will Give $80 Million to Employees

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is giving $1,000 to each of its roughly 80,000 employees as the world’s largest shipping

December 1, 2021
Total Views: 16838

Friday, November 19, 2021

Shipping Line CMA CGM Posts $5.6 Billion Quarterly Profit

PARIS, Nov 19 (Reuters) – Shipping group CMA CGM on Friday reported a surge in third-quarter earnings and said it expected an even stronger

November 19, 2021
Total Views: 2718

Soeren Skou, CEO Maersk

Maersk Issues First Green Bond to Help Fund Methanol-Powered Newbuilds

A.P. Moller – Maersk has issued its first green bond to help fund its green methanol newbuilds. The 10-year, EUR 500 million (USD $678 million) green bond

November 19, 2021
Total Views: 836

Tuesday, November 9, 2021

Maersk and Svitzer to Develop Fuel Cell Tug Powered by Green Methanol

Towing operator Svitzer has signed an agreement with Robert Allan, a leading naval architect company, to design the world’s first fuel cell tug for harbor

November 9, 2021
Total Views: 2251

Friday, November 5, 2021

Yang Ming Set to Make Huge Profit from Sub-Letting Charter to Maersk

By Mike Wackett (The Loadstar) – The red-hot containership charter market has spawned an unusual sub-let deal between alliance rivals Yang Ming and

November 5, 2021
Total Views: 4325

Thursday, November 4, 2021
smoke pollution coming from a container ship

First Movers Coalition to Accelerate Net Zero Emissions Technology in Shipping and Other ‘Hard to Abate’ Sectors

The United States has launched a new “first movers” coalition platform seeking to use the purchasing power and supply chains of some of the

November 4, 2021
Total Views: 428