A P MOLLER MAERSK
DSV, CVC seen as lead contenders for Schenker after Maersk drops
DSV and CVC emerge as top contenders for DB Schenker after Maersk exits. The potential deal could reshape Euro logistics, with Deutsche Bahn aiming to modernize operations through the sale.
Container shortage is shipping’s Achilles’ heel
An initial surge in freight prices — prompted by ships taking the much longer route around the Cape of Good Hope — petered out in March, yet prices have now surged even higher.
European shares slip as energy counters weigh
European shares slipped on Tuesday as weakness in crude prices dragged energy stocks, while investors refrained from placing huge bets before the European Central Bank's interest rate decision later this week.
Escalating emissions: How Red Sea disruptions are driving up carbon emissions
Many companies had already revamped their supply chains as they navigated COVID-19 disruptions, extreme weather risks, trade protectionism that forced them to change suppliers, and rising freight costs.
Trade strains boost cargo rates at pace recalling Covid ‘chaos’
Global goods trade is rebounding, boosting shipping rates and triggering memories of past disruptions for supply-chain managers.
French shipping giant expects slump in cargo rates
CMA CGM SA anticipates lower ocean freight rates as new vessel deliveries boost capacity impacted by ship diversions to avoid the Red Sea conflict.
- Go To Page 1
Maersk sees improved prospects for global container trade
The world’s supply lines are suffering from a number of disruptions, with the biggest coming from Houthi militant attacks in the Red Sea, which have cut container line transits through the Suez canal by about 80%, according to Bloomberg Intelligence
Maersk veteran builds $220 million bet backed by super-rich
The Copenhagen-based venture firm has already secured about half that amount from major family offices as well as institutional investors and is set to hold a primary close of the fund by the end of March.
Maersk unveils new methanol-powered container ship
The Copenhagen-based firm unveiled the 350-meter-long container ship named Ane Maersk in the shipyard of Korean shipbuilder HD Hyundai Heavy Industries Co. in Ulsan city on Thursday.
Maersk, Hapag-Lloyd team up in shakeup of ship alliances
The announcement from Copenhagen-based Maersk and Hapag-Lloyd of Hamburg, Germany, marks another retooling of the world’s three major shipping alliances.
Maersk says winter weather, Red Sea disruption cause congestion
Maersk and other shipping groups have diverted vessels away from the Red Sea and the Gulf of Aden following attacks by Yemen's Houthis.
A P Moller-Maersk to construct new cold store facility in Gujarat
Maersk’s new cold store facility will be constructed close to the customer’s manufacturing facility and will serve as the mother cold store facility.
Shippers know the Suez is always a crisis waiting to happen
The Suez Canal has been here before. What’s more, the stretch of water joining Europe to the Indian Ocean will face such crises again and again, forcing shippers to be ready at any moment.
Maersk to deploy first large methanol-enabled vessel on Asia-Europe trade lane
The container vessel built by Hyundai Heavy Industries (HHI) in South Korea has a nominal capacity of 16,000 containers (TEU).
Billionaire Maersk family forms green methanol firm for shipping
There is a green methanol production capacity of 153,000 tons in operation at the moment around the world, which also includes demonstration plants that might not be be selling volumes commercially.
Shipping giant Maersk taps investors for first dollar green bond
Maersk would use the proceeds from the offering to help itself finance or refinance green assets, including fixed assets, capital and operating expenses, along with acquisition of other companies.
Shippers bet on green methanol to cut emissions, supply lags
Maersk said methanol-powered ships with dual-fuel options cost about 10%-12% more than conventional ships, but the price difference should become insignificant in the longer run once developers achieve economies of scale.
A.P. Moller – Maersk to strengthen its distribution network in India with more than 500 Electric Vehicles
Within a year of deploying the first set of electric vehicles in India, Maersk is now looking to strengthen its EV fleet to over 500 vehicles in 26 cities covering first, middle and last-mile distribution across India.
Shipping companies are on a spending spree
Major shipping firms are spending record profits on new models mostly from shipyards of Korea and China.
AP Moller-Maersk targets small business in India with a ‘One Country, One Price’ ecom fulfilment solution
The solution has mainly been targeted at a typical small or medium e-commerce business in the country which rely on multiple logistics partners
Major shipping line seeks supply chain overhaul as chaos roils global trade
Global trade has been buffeted by major disruptions in recent years, as the pandemic and the war in Ukraine brought chaos to shipping routes.
Maersk leases 2.43-lakh-sq-ft warehouse in Bhiwandi near Mumbai
The company will be paying lease rentals of over Rs 5.71 crore in the first year. The agreement includes a clause to escalate the rentals by 4% every 12 months. Out of total tenure of the lease, the first three years will be a lock-in period for Damco India and the landlord will have a lock-in period of the entire five years.
Maersk flags off weekly rail service from Sonipat to Gujarat
Maersk’s new train service on the Western Dedicated Freight Corridor (DFC) will move 90 TEUs (twenty feet equivalent units of containers) every week.
No more smooth sailing as shipping giant sees 'difficult waters' ahead
Results were boosted by an average rate for 20-foot containers that was $2,938 during the nine-month period, compared with $1,818 a year earlier, Hapag-Lloyd said.
There’s an inflation sting in Maersk’s global demand warning
The outlook from Maersk, which moves millions of containers around the world every year, is a fresh warning for central banks that their inflation battles may be far from over.
A.P. Moller - Maersk pushes green transformation with six additional container vessels
Maersk has set a net-zero emissions target for 2040 across the entire business and has also set tangible near-term targets for 2030 to ensure significant progress.
World’s largest ocean freight carrier launches air-cargo business
The new business will led by Jannie Davel, a former managing director of cargo at Delta Air Lines Inc. who has also worked at Emirates and DHL, with the 777-200Fs to be provided by Atlas Air, which will fly them on MSC’s behalf.
A.P. Moller - Maersk inaugurates two warehouses in India
The warehouses in Farrukhnagar, Harayana and Dadri, Uttar Pradesh, take the company's total warehousing footprint to 3.3 million sq. ft. spread across 20 facilities in India
A.P. Moller - Maersk opens new warehouse in Bhiwandi
Maersk is developing and providing solutions ranging from ocean transportation to landside and air transportation, contract logistics including warehousing & distribution (W&D) and depots, custom clearances and visibility solutions.
Load More
