Maersk

By Stine Jacobsen COPENHAGEN, Feb 8 (Reuters) – Danish shipping and oil group A.P. Moller-Maersk plunged to an unexpected loss last year, hit by

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S unexpectedly lost money in 2016 as Denmark’s biggest company wrote down the value of some of

By Mike Wackett  (The Loadstar) – Ahead of the Maersk Group 2016 annual report due on Wednesday, analyst Jefferies has predicted a substantial

Maersk Line and Hamburg Süd have announced slot purchase agreement for Hamburg Süd’s volumes on the East-West trades to be shipped on vessels in the 2M

The Maersk Triple-E containership Maersk Elba became the largest ship to call in Israel on Thursday after docking at Haifa Port’s Carmel Terminal. The

A 366-meter-long Maersk Line containership ran aground early Tuesday while transiting the Strait of Messina in Southern Italy. The Italian Coast Guard

Maersk Oil plans to reduce its workforce in Denmark by approximately 160 positions as part of a plan to simplify the organization, the company said this week.

SHANGHAI, Jan 4 (Reuters) – Maersk, the world’s largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on

Dec 30 (Reuters) – Maersk Oil, a subsidiary of Danish shipping and oil company A.P. Moller-Maersk, confirmed in a statement on Friday that it planned to

COPENHAGEN, Dec 20 (Reuters) – Moody’s downgraded A.P. Moller-Maersk’s credit rating on Tuesday, piling pressure on the world’s biggest

Danish shipping giant Maersk Line has announced plans to scrap eight panamax ships at yards in India and China. The world’s largest container shipping

Denmark’s Environmental Minister has come under fire for failing to provide concrete answers to questions regarding the Danish government’s position on

COPENHAGEN, Dec 13 (Reuters) – The world’s biggest container shipper A.P. Moller-Maersk may consider selling assets or cutting dividends as it

By Chris Bryant (Bloomberg Gadfly) — For many folks, 2016 has been a year to forget, and the shipping industry is no exception. But looking ahead A.P.

By Jacob Gronholt-Pedersen COPENHAGEN, Dec 13 (Reuters) – The acquisition of German shipping company Hamburg Süd will replace some 60 percent of revenue

SEOUL, Dec 11 (Reuters) – Heavily indebted South Korean shipper Hyundai Merchant Marine Co Ltd (HMM) said on Sunday it has agreed with the 2M shipping

By Jacob Gronholt-Pedersen and Joyce Lee COPENHAGEN/SEOUL, Dec 9 (Reuters) – Doubts about the future of Hyundai Merchant Marine Co Ltd surfaced on Friday

By Jacob Gronholt-Pedersen COPENHAGEN, Dec 1 (Reuters) – Maersk Line, the world’s biggest shipping company, is to buy smaller rival Hamburg Süd,

By Mike Wackett (The Loadstar) – Shipping circles in Hamburg are abuzz with speculation that the Oetker family will announce this week that it intends to

By Chris Bryant (Bloomberg Gadfly) — Soren Skou doesn’t hang around. Shortly after he became chief executive of AP Moller-Maersk A/S in the summer,