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Tag Archives: MAERSK

Maersk start to enjoy startups’ solutions

AP Moeller Maersk said on Thursday (March 14) its first cohort of seven Indian startups have graduated from its accelerator program OceanPro. Zasti, Inatrix, MintM, KrypC, LinkedDots, LaVela Pictures and Zasti are the seven startups, which are focused on using machine learning, AI, VR and Internet of Things (IoT) to …

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Maersk opens new office in Myanmar

Yangon, Myanmar – Maersk Area Managing Director Marco Civardi and Sealand Asia Managing Director Bo Wegener cut the ribbon on March 7 to officially open A.P. Moller – Maersk’s new central city office in Yangon. Located in Junction City, one of the newest built grade-A office towers, the 703-square meter office …

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Maersk: “West region drives India’s export growth”

Maersk’s article: India’s overall container Export-import (EXIM) trade grew 6%* in Q4 2018 West India outperforms other three regions in Q4 trade Chemicals, pharmaceuticals and paper play a key role in commodity trade Fish, plastic and rubber were among the most exported commodities to China India’s containerised trade with the …

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Maersk to support Effat students

JEDDAH — Effat University and the Danish conglomerate Maersk signed a Memorandum of Understanding, which aims to provide internships and employment opportunities for Effat’s students and graduates. Dr. Haifa Jamal Allail, president of Effat University, said: “Effat University is delighted to collaborate with a great company like Maersk to give our …

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Maersk reports its financial results: Transformation’s acceleration and growth of revenue

Progress on the transformation of A. P. Moller – Maersk continued in 2018. Customers benefitted from integrated offerings, digital solutions and robust network improvements. Since 2016, the topline has grown by 43%, to USD 39bn in 2018, an additional USD 12bn in turnover. “In 2018, we made significant progress in …

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Maersk’s decision fears Ethiopia and Djibouti

Ethiopia and Djibouti are denouncing Maersk Line’s decision to impose an additional unloading fee on import containers at Djibouti ports. Recently the world’s largest container shipping company announced they would apply the so called ‘Recovery for Handling Imports (RHI)’ on containerized cargos coming into the Djibouti, ports starting February 1. …

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Modern Terminals embraces Maersk’s TradeLens

Modern Terminals has signed on to a Maersk-IBM blockchain platform to digitise shipping, a notoriously paper-based business A rival blockchain solution is being developed as competitors are concerned about Maersk’s dominance of the future of shipping, which carries 90 per cent of global trade Hong Kong’s second-biggest container port manager …

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Maersk’s depots in Bogota condition

Due to the recent congestion in Maersk’s depots in Bogota, as of December 1st, 2018, Danish shipping company can no longer receive 20-foot containers in the depots in Bogota. Instead, the equipment must be returned directly to one of the terminals that can be found in the platform used to generate …

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Operators accuse Maersk Group of monopolistic practice

Operators in the maritime industry have accused the Maersk Group of gradually building a monopolistic market for it self in Nigeria by creating more favourable opportunities for unit companies to have advantage over other competitors. Making the claim in an exclusive interview with Vanguard Maritime Report, Chairman of Association of …

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PSA accuses Maersk and DP World of discrimination – India’s investigation decision

The decision by the Competition Commission of India (CCI) to investigate follows a complaint by Singapore’s PSA International Pte Ltd, which alleged that Maersk and DP World created entry barriers to hinder the growth of PSA’s terminal by colluding on certain charges they levy at the state-owned Jawaharlal Nehru Port …

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