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Tags AP Moller Maersk

Tag: AP Moller Maersk

Maersk sells remaining shares in Norway’s Hoegh Autoliners

Danish shipping company AP Moller-Maersk has sold 20 million shares in Norway's Hoegh Autoliners, cutting its holding to zero, according to a stock exchange...

Maersk’s weak earnings expose integration strategy failure

The drastic drop in AP Moller-Maersk's 2Q 2023 earnings shows that the Danish group's strategy of integrating shipping and logistics has flopped, while its...

Maersk’s strong 2021 fourth quarter rises full-year profit predictions

AP Moller - Maersk has reported revenue of US$18.5 billion, earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$8 billion and EBIT of...

Maersk sets net zero emission targets a decade earlier

A.P. Moller - Maersk has accelerated targets to achieve net-zero greenhouse gas emissions in 2040, instead of 2050 which was the initial ambition, while...

Maersk completes B2C Europe takeover

After the announcement of its intention to acquire B2C Europe in August, AP Moller Maersk will now complete the acquisition of the Dutch logistics...

Maersk partners with energy startup for shipping electrofuels

Maersk Growth has announced its new venture investment in the Silicon Valley-based startup Prometheus Fuels for cost-efficient and carbon-neutral eFuels for shipping, through a...

Maersk confirms another e-commerce firm acquisition

AP Moller - Maersk has acquired the Portuguese cloud-based start-up HUUB in order to enhance its e-commerce network and facilitate its technology capabilities. HUUB, specialised...

Skou raises the bar for decarbonisation, calling IMO to ban fossil fuelled ships by 2035

The Chief Executive Officer of A.P. Moller - Maersk, Søren Skou wants to push the International Maritime Organization (IMO) to take more drastic actions...

Maersk invests in WasteFuel for green bio-methanol production

AP Moller – Maersk invests through its corporate venture arm, Maersk Growth, in the start-up sustainability specialist WasteFuel aiming to produce green bio-methanol in...

Maersk selects Mohit Bhatia as Head of Global Service Centres

A.P. Moller - Maersk has appointed Mohit Bhatia as Senior Vice President and Head of Maersk Global Service Centres (GSC) from 1 August 2021. Mohit...
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Hapag-Lloyd is pushing the growth of its Indian terminal joint venture with Mumbai-based J M Baxi Group

The German group owns 40% of J M Baxi Ports & Logistics, which operates a clutch of marine terminals across ports in India. Hapag-Lloyd has...

Ukraine’s ports reposition amid war

As war continues to reshape Ukraine’s geography, it is also redrawing its maritime map. Once centralized around a handful of traditional ports, the country’s...

AD Ports Group signs MoU with Critical Minerals Forum

AD Ports Group has signed a Memorandum of Understanding (MoU) with the Critical Minerals Forum (CMF) to build strategic cooperation focused on enhancing the...

U.S. container imports down 6.4% in May

According to a report from the Japan International Freight Forwarders Association (JIFFA), U.S. container imports fell 6.4% year-on-year in May, as major ports handled...
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