maersk

Business, Logistics

Maersk Lost More Than $700 Million From Russia in Quarter

Maersk Cargo is unloaded from a Maersk containership at the Port of Oakland. (Port of Oakland)

A.P. Moller Maersk A/S lost more than $700 million in the first quarter from the war in Ukraine as it counts the cost of exiting Russia, according to the shipping giant.

Christian Wienberg | Bloomberg News
May 4, 2022
Business, Technology, Logistics

Maersk Sees Possible Contraction in Global Container Market

Maersk (Munshi Ahmed/Bloomberg News)

Disruptions in global trade flows are set to persist into the second part of the year, longer than previously expected, Danish transport giant A.P. Moller-Maersk A/S predicted.

Christian Wienberg | Bloomberg News
April 26, 2022
Business, Technology, Equipment

Maersk Plans to Deploy 300 Electric Trucks in North America by 2025

Performance Team electric trucks Performance Team electric trucks are lined up at the company's headquarters in El Segundo, Calif. (Maersk)

A.P. Moller-Maersk is building out its electric heavy-duty truck fleet with two announcements involving Einride and BYD, and, separately, Volvo Trucks North America.

Roger Gilroy | Senior Reporter
March 30, 2022
Business, Equipment, Logistics

Maersk Chairman to Leave Board as Family Member Takes Over

Maersk Left: Jim Snabe (Andreas Gebert/Bloomberg News); Right: Robert Maersk Uggla (Carsten Snejbjerg/Bloomberg News)

A.P. Moller-Maersk A/S’s chairman, Jim Hagemann Snabe, is leaving his position to pave the way for a Maersk family member to take over the job of overseeing the Danish shipping giant.

Christian Wienberg | Bloomberg News
February 15, 2022
Business, Logistics

Maersk Sees Record Profit as Demand Surges

Maersk vessel Patrick T. Fallon/Bloomberg News

COPENHAGEN, Denmark — Maersk said that 2021 was its most profitable year yet, bringing in $18.7 billion as surging demand from a rebounding global economy led to supply chain logjams.

February 9, 2022

Maersk Targets Bigger, Faster Cuts in Carbon Emissions

Maersk Targets Bigger, Faster Cuts in Carbon Emissions A Maersk Shipping container ship sails into Yangshan Deep Water Port in Shanghai, China. (Qilai Shen/Bloomberg)

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, is ramping up plans to eliminate carbon emissions after finding green alternatives to fuel its fleet of ships.

Christian Wienberg | Bloomberg News
January 12, 2022
Business, Logistics, Top 50

Maersk Overtaken as World’s No. 1 Shipping Line by MSC

Maersk Overtaken as World’s No. 1 Shipping Line by MSC A Maersk Line container ship is unloaded and refueled at the Port of LA. (Patrick T. Fallon/Bloomberg)

A.P. Moller-Maersk A/S is no longer the world’s largest container line. The Danish carrier has been overtaken by Mediterranean Shipping Co. in terms of capacity, according to data compiled by Alphaliner and published Jan . 5.

Christian Wienberg | Bloomberg News
January 5, 2022
Business, Logistics

Maersk Heads for Record Profits, Gives $80 Million to Employees

Maersk Heads for Record Profits, Gives $80 Million to Employees A truck pulling a Maersk container at the Port of Charleston. (John Sommers II for Transport Topics)

A.P. Moller-Maersk A/S is giving $1,000 to each of its roughly 80,000 employees as the world’s largest shipping company heads for record profits this year.

Christian Wienberg | Bloomberg News
December 1, 2021
Business, Logistics, Top 50

Maersk Sees Global Shipping Markets Staying Tight Into 2022

Maersk Sees Global Shipping Markets Staying Tight Into 2022 A crane unloads a Maersk shipping container. (Chris Ratcliffe/Bloomberg)

A.P. Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously expected.

November 2, 2021
Government, Business, Logistics

Maersk Diverts Ships From UK Ports Short on Truckers

Maersk Maersk containers on a ship. (Freya Ingrid Morales/Bloomberg News)

A.P. Moller-Maersk A/S said it had to divert some ships from the U.K.’s largest container port because of congestion tied to a trucker shortage that’s clogging the flow of cargo boxes into and out of the country.

October 12, 2021

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