maersk News Updates

BusinessLogistics

Sanity Returning to Shipping as Freight Rates Gain, Maersk Says

The bankruptcy of South Korean ocean carrier Hanjin Shipping Co. and consolidation in container shipping will pave the way for a better 2017 for the industry, according to Robbert van Trooijen, the Asia-Pacific chief of Maersk Line.

February 10, 2017
BusinessLogistics

World’s Biggest Shipping Company Voices Alarm at Trump Trade War

A.P. Moller-Maersk A/S, the owner of the world’s biggest container shipping line, is paying particular attention to noises coming from the United States that suggest the new administration is moving closer to a trade war with China.

February 8, 2017
BusinessLogistics

Maersk Slumps as It Unveils Second Loss Since World War II

A.P. Moller-Maersk A/S unexpectedly lost money in 2016 as Denmark’s biggest company wrote down the value of some of the energy assets it plans to split off.

February 8, 2017
BusinessLogistics

Maersk, Alibaba Partner to Offer Online Ship Booking

Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.

January 4, 2017
BusinessLogistics

Analysis: Maersk Faces Rough Waters From Spare Capacity and Trump

For many folks, 2016 has been a year to forget, and the shipping industry is no exception. But looking ahead, A.P. Moller-Maersk A/S is determined to put a positive spin on things — maybe too positive.

December 13, 2016
TCA

Maersk Line to Buy German Rival Hamburg SĂĽd

Global shipping giant A/S Maersk Line of Denmark on Dec. 1 announced plans to grow its business by buying German rival Hamburg SĂĽd, the world's seventh largest container shipper.

December 1, 2016
BusinessLogistics

Profits at World’s Largest Container Line Drop 43%

A.P. Møller-Maersk A/S, owner of the world’s largest container line, reported a 43% decline in third-quarter profit as the shipping industry continues to suffer from overcapacity.

November 2, 2016
BusinessLogistics

Analysis: Maersk Is Taking on Water

It's hard to think of two more challenged industries than oil and shipping. AP Moller-Maersk A/S's misfortune is to be heavily involved in both. Investors were starting to hope the worst was over.

November 2, 2016
BusinessLogistics

World’s Biggest Shipping Company Wants More Mergers

A.P. Moller-Maersk A/S, owner of the world’s largest container line, said mergers such as the combination of its three main Japanese rivals provide relief to an ailing industry that has been characterized by overcapacity.

November 1, 2016
BusinessLogistics

Maersk Raided in South African Shipping Collusion Probe

South Africa’s Competition Commission searched the premises of six shipping companies, including AP Moeller-Maersk A/S, as part of an investigation into allegations that they colluded to fix incremental cargo rates between Asia and South Africa.

September 28, 2016