Maersk changes its course

News

The decision to split the energy and transport businesses of the AP Møller-Maersk Group into two – with the new AP Møller-Maersk A/S com...

Maersk to slash costs

News
Drastic action has resulted from AP Møller-Maersk Group’s disappointing Q3 2015 fiscal results, its warning that Maersk Line’s net prof...

Maersk performance to hit group results

News
A weak peak season and intense competition in the global liner trades and particularly on the Asia/Europe trade, which accounts for approxim...

New kids on the block

News
While the ‘big four’ continue to dominate the global container terminal operating business, there are signs that Chinese players, second...

Patrick edges up

News
Australia’s Asciano is remaining officially coy about a possible sale of its Patrick container terminals and logistics division, nine mont...

MCC starts China/Myanmar service

News
Singapore-based MCC Transport, an operating unit of the giant AP Møller-Maersk Group, has started a regular direct-call service to/from Nor...

Carriers withdraw from Benghazi

News
Fierce fighting in the vicinity of Libya’s east coast port of Benghazi has led to most ocean carriers suspending their services, with the ...

Maersk’s big plans

News
Maersk Line intends ordering new ships for delivery commencing in 2017, a move described by CEO Søren Skou as allowing the world’s larges...

Cost-cutting drives profit for Maersk

News
AP Møller-Maersk has published its interim report for Q2 2014 and its core liner shipping business is performing better than expected. Maer...

Maersk buys into Höegh Autoliners

News
AP Møller-Maersk A/S has acquired a 37.5% stake in Höegh Autoliners from Leif Höegh & Co. Simultaneously, Höegh Autoliners has acquired ...