Reshaped Maersk Looking to Compete Directly with UPS, Fedex
By Stine Jacobsen COPENHAGEN, Feb 20 (Reuters) – Denmark’s A.P. Moller-Maersk plans to compete directly with package delivery companies UPS and
gCaptain’s full coverage of A.P. Moller-Maersk (Maersk), one of the world’s leading container transportation companies.
By Stine Jacobsen COPENHAGEN, Feb 20 (Reuters) – Denmark’s A.P. Moller-Maersk plans to compete directly with package delivery companies UPS and
By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s biggest shipping company says it’s unlikely container vessels will
By Christian Wienberg and Alaric Nightingale (Bloomberg) — The world’s biggest container shipping line is trying to stop customers like
By Christian Wienberg (Bloomberg) — The chief executive officer of the world’s biggest shipping company says curbs on immigration backed by
By Jacob Gronholt-Pedersen COPENHAGEN, Feb 9 (Reuters) – A.P. Moller-Maersk’s move to focus on transport and jettison oil was tested on Friday as
The New York Shipping Exchange (NYSHEX) has announced that Maersk Line, the world’s largest container ocean carrier, has joined as a founding member and
By Gavin van Marle (The Loadstar) – The 2M alliance of Maersk and MSC is to leave the UK port of Southampton. It has announced it will drop the
By Jacob Gronholt-Pedersen COPENHAGEN, Jan 16 (Reuters) – The world’s largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to
By Dhwani Pandya and Anirban Nag (Bloomberg) — The world’s largest container shipping line says international freight rates are reversing after
By Mike Wackett (The Loadstar) – Maersk is to reflag its recently acquired Hamburg Süd containerships away from the German registry, despite its
Danish shipping giant Maersk says it has completed its acquisition of German rival Hamburg Süd in a deal valued at approximately $4 billion. The close of the
APM Terminals Pier 400 Los Angeles has set new world record for single vessel cargo operations during the call of the 13,600 TEU capacity Maersk Evora, with a
By Vera Eckert and Christoph Steitz (Reuters) German shipping group Hapag-Lloyd kept its outlook for the current year after its nine-month operating profit
By Mike Wackett (The Loadstar) – Maersk Line reported a net profit of $220m in the third quarter, compared with a loss of $122m in Q3 16, but there
by Stine Jacobsen (Reuters) – A.P. Moller-Maersk , the world’s largest container shipping group, cut the profit forecast for its core business on
Danish shipping giant Maersk says it has set a new world record for the most cargo handled in a single port call with the MV Maersk Evora’s recent
By Manuel Baigorri, Dinesh Nair and Matthew Monks (Bloomberg) — Oilfield-services company Rowan Cos. is in talks to acquire the drilling
Danish conglomerate A.P. Moller – Maersk (Maersk Group) has signed a deal to sell its Maersk Tankers unit to a subsidiary of A.P. Moller Holding for
By Jemima Kelly LONDON, Sept 6 (Reuters) – Consultancy EY, data security firm Guardtime, Microsoft and ship operator Maersk have joined to build a
By Jacob Gronholt-Pedersen COPENHAGEN, Aug 22 (Reuters) – A.P. Moller-Maersk has been fortified by the $7.5 billion sale of its oil and gas business to
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