Maersk Sees Possible Contraction in Global Container Market
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.
Maersk Plans to Deploy 300 Electric Trucks in North America by 2025
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.
Maersk Chairman to Leave Board as Family Member Takes Over
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.
Maersk Sees Record Profit as Demand Surges
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, 2022Maersk Targets Bigger, Faster Cuts in Carbon Emissions
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.
Maersk Overtaken as World’s No. 1 Shipping Line by MSC
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.
Maersk Heads for Record Profits, Gives $80 Million to Employees
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.
Maersk Sees Global Shipping Markets Staying Tight Into 2022
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.
Maersk Diverts Ships From UK Ports Short on Truckers
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.
Maersk Buys Stake in Electrofuel Startup in Race to Ditch Oil
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.