Christian Wienberg

Business, Technology, Fuel

Maersk Buys Stake in Electrofuel Startup in Race to Ditch Oil

Maersk Buys Stake in Electrofuel Startup in Race to Ditch Oil An A.P. Moeller-Maersk A/S container ship is berthed at the Pasir Panjang wharves at the Port of Singapore. (Munshi Ahmed/Bloomberg)

A.P. Moller-Maersk A/S is investing in a startup that develops electrofuels as part of a strategy to own technologies that can help it become carbon neutral.

Christian Wienberg | Bloomberg News
September 23, 2021
Business, Logistics

Maersk Is Heading for Biggest Profit in Danish History

Maersk ship Patrick T. Fallon/Bloomberg News

A.P. Moller-Maersk A/S is heading for a full-year profit that will match its combined results from the past nine years and make business history in its home country, Denmark.

Christian Wienberg | Bloomberg News
September 21, 2021
Business, Equipment, Fuel

Maersk Joins Buffett to Invest in Startup Promising Green Fuel

Maersk The Soro Enshi containership, operated by A.P. Moller-Maersk A/S. (Qilai Shen/Bloomberg News)

A.P. Moller-Maersk A/S has agreed to buy a minority stake in a green-fuel startup backed by Warren Buffett, as the world’s largest container line latches on to new technologies to decarbonize its fleet.

Christian Wienberg | Bloomberg News
September 8, 2021
Business, Technology, Equipment, Fuel, Logistics

Maersk’s Green Shipping Plan Runs Up Against Scarce Cooking Oil

Maersk Patrick T. Fallon/Bloomberg News

A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: There isn’t enough used cooking oil to make the biofuel that powers the vessels.

Christian Wienberg | Bloomberg News
August 9, 2021
Business, Logistics

Maersk Ratchets Up Profit Guidance After Freight Rates Soar

Maersk Chris Ratcliffe/Bloomberg News

A.P. Moller-Maersk A/S, the world’s largest container line, raised its guidance for profit this year after freight rates soared as lockdowns led to a surge in spending on shipped goods.

Christian Wienberg | Bloomberg News
August 3, 2021