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Carriers have $130bn cash, shippers expecting more: Drewry
24 Feb 2022 7:09 PM ISTAnalysis reinforces view that elevated profits are due to higher freight rates, not higher volumes or more services
Maersk to see next gen leaders, Robert Maersk Uggla to be chairman
15 Feb 2022 2:46 PM ISTRobert has been CEO of A.P. Moller Holding since 2016 where he is leading the group's investments.
Maersk buys US-based Pilot Freight Services for $1.6 billion
9 Feb 2022 4:09 PM ISTContinuing its vertical integration moves, Danish carrier Maersk plans to acquire US-based Pilot Freight Services for $1.6 billion from ATL Partners,...
Maersk reports 55% increase in 2021 revenue to $61.8 billion
9 Feb 2022 3:12 PM ISTHigh freight rates and integration into logistics saw Danish carrier A.P.Moller-Maersk report a 55 percent in revenue to $61.8 billion in 2021, EBITDA...
Maersk carrier runs aground off Germany
3 Feb 2022 6:36 PM ISTDanish carrier A.P.Moller-Maersk confirmed that Mumbai Maersk, with a capacity of 19,630 TEUs, ran aground outside Bremerhaven, Germany.
Maersk to expand in Bangladesh with 2 lakh sq ft warehouse at Chattogram
2 Feb 2022 2:43 PM ISTA.P. Moller – Maersk today announced that it is strengthening its operations in Bangladesh by partnering with Ispahani Summit Alliance Terminals...
Cold weather, reefer blues may hit Indian grapes exportsÂ
28 Jan 2022 8:06 AM ISTReefer equipment situation continues to be tight across India along with North America. Seen in the background of the forthcoming export season for...
Maersk to share 9 million weather observations to aid climate studies
27 Jan 2022 4:06 PM ISTDanish carrier A.P.Moller–Maersk (Maersk) will release all historical and future ocean weather observations into the public domain for free use by the...
DP World partners with Maersk Mc-Kinney Moller Center for zero-carbon shipping
27 Jan 2022 11:13 AM ISTDP World has entered a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, reinforcing its commitment to...
Higher freight rates push Maersk Q4 profit to $8bn
14 Jan 2022 5:31 PM ISTA.P. Møller-Mærsk (Maersk) has recognised preliminary unaudited financials for the fourth quarter ended December 31, 2021 ahead of the previous...
