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Revenue decreased to $38.9 billion in 2019 from $39.3 billion. Free cash flow was $ 6.8bn, compared to $ 5.1bn last year and CAPEX declined by $ 1.2bn to $ 2bn in 2019.

A.P. Moller - Maersk registers 14% EBITDA increase to $5.7 billion in 2019

20 Feb 2020 4:39 PM IST

February 20, 2020: Despite weaker market conditions and global container growth of only 1.4 percent, A.P. Moller – Maersk's Annual Report 2019 shows...

The shutdown of industries in China is negative for the Indian Exim cargo movement as India has significant trade linkages with China by way of import and export of raw materials and finished goods.

Read how novel coronavirus will affect Indian shipping and ports negatively

20 Feb 2020 3:34 PM IST

February 20, 2020: The credit rating agency, ICRA (formerly Investment Information and Credit Rating Agency of India) said on Wednesday in a release...

The ports will have a corporate style management structure and will be free to fix port charges.

All 12 state-owned major seaports to become autonomous under new port bill

13 Feb 2020 1:39 PM IST

February 13, 2020: Mansukh Mandaviya, minster for shipping, informed on Wednesday that the cabinet chaired by Prime Minister Narendra Modi approved...

Krishnapatnam is the second-largest private sector port in India, after Mundra, and handled 54 MMT of cargo in FY 19.

Adani acquires 75% stake in Krishnapatnam Port for Rs 13,500 crore

4 Jan 2020 11:14 AM IST

January 4, 2020: India’s largest port developer, Adani Ports and Special Economic Zone Limited (APSEZ), will be acquiring a controlling stake of 75%...

In recent years the group has dropped its oil and other energy businesses to focus on its shipping, port terminals and logistics operations.

Maersk to bet on land logistics with bolt-on acquisitions

28 Dec 2019 1:42 PM IST

December 28, 2019: The world’s largest container shipping company, AP Moller-Maersk, is planning for some bolt-on acquisitions to accelerate its...