Business, Equipment, TCA

Maersk Container Vessel First to Take Arctic Shortcut

Maersk containers Thomas Borberg/Polfoto via AP

COPENHAGEN — A shipping vessel operated by the world’s largest container shipping company, Maersk, has for the first time managed to sail through Arctic waters off northern Russia, Danish public broadcaster DR reported Sept. 17.

Deutsche Presse-Agentur
September 18, 2018
Government, Business, Fuel

Maersk Sees Fuel Bill Soaring by $2 Billion From 2020 Rules

Maersk Emerald The container ship Maersk Emerald is unloaded at the Port of Oakland. (Ben Margot/AP)

A.P. Moller-Maersk, the world’s largest container shipping line, said adhering to stricter environmental standards could add at least $2 billion to its annual fuel bill from 2020.

Jack Wittels | Bloomberg News
August 29, 2018
Business, Logistics

World’s Biggest Shipping Firm Maersk to Test Russian Arctic Route

A.P. Moller-Maersk oil rig Claus Bonnerup/Polfoto File via AP

COPENHAGEN, Denmark — Danish shipping group A.P. Moller-Maersk said Aug. 23 it will send a cargo vessel through the Russian Arctic for the first time as a result of melting sea ice.

Jan M. Olsen | Associated Press
August 23, 2018
Business, Logistics

Rare Hedge Fund Bet Targets the World’s Biggest Shipping Firm

A Maersk ship at the Port of Los Angeles Lance M. Cunningham/Flickr

A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds itself the target of an attack by hedge funds.

Christian Wienberg | Bloomberg News
July 23, 2018

Maersk Appoints First Female Executive in 114-Year History

Duncan Rawlinson/Flickr

A.P. Moller-Maersk A/S, the world’s biggest shipping company, has appointed a woman to be its chief financial officer for the first time in its 114-year history. Carolina Dybeck Happe, 45, who has held various high-ranking posts at lockmaker Assa Abloy AB, will start at Maersk by the beginning of next year.

Rafaela Lindeberg, Christian Wienberg and Niklas Magnusson | Bloomberg News
June 20, 2018
Business, Logistics

Maersk Shares Plunge as Container Line Underperforms

Snejbjerg/Bloomberg News

A.P. Moller-Maersk A/S reported an unexpected loss after its container line, the world’s biggest, conceded market share and rising costs outpaced freight rates.

Christian Wienberg | Bloomberg News
May 17, 2018
Business, Logistics

Maersk Would Be Ready to Move Closer to Junk ‘For Right Reason’

Daniel Rodrigues/Bloomberg News

A.P. Moller-Maersk A/S renewed a pledge to creditors to protect its investment-grade rating. But the man in charge of the shipping giant’s finances says there’s room to move a little closer to junk.

Christian Wienberg | Bloomberg News
February 22, 2018
Business, Logistics

World’s Biggest Container Liner Looks for Deals Outside Shipping

Snejbjerg/Bloomberg News

The world’s largest container company will start looking for takeover targets outside the shipping industry as it tries to pre-empt a new competitive landscape in which customers are morphing into rivals.

Christian Wienberg | Bloomberg News
February 20, 2018
Business, Technology, Equipment, Autonomous

Maersk's CEO Can't Imagine Self-Sailing Box Ships in His Lifetime


The CEO of the world’s biggest shipping company says it’s unlikely container vessels will operate without humans in his lifetime.

Christian Wienberg | Bloomberg News
February 16, 2018
Business, Technology, Equipment, Logistics

Amazon Threat Has Maersk Racing to Stop Clients From Becoming Rivals


The world’s biggest container shipping line is trying to stop customers like Inc. and Alibaba Group Holding Ltd. from becoming competitors in just a few years’ time.

Christian Wienberg and Alaric Nightingale | Bloomberg News
February 12, 2018