Search results for Maersk

Ship transited Hormuz under US escort: Maersk

Copenhagen - Denmark's freight giant Maersk said on Tuesday that one of its ships has successfully sailed through the Strait of Hormuz under US escort.The ship, US-flagged Alliance...

‘Canny’ Mærsk – where financial discipline dictates strategy

‘To do nothing is the hardest job of all.’ (Remember that) The good news first. There’s plenty. As disclosed today further down the cash flow statements, in the first quarter (Q1 2...

Maersk’s Integrated Logistics Strategy Is Gaining Traction

Maersk has built one of the broadest logistics platforms in the market. The next phase is making that platform operate as a coordinated system when conditions are not stable. Maers...

Conf call redux: AP Møller-Maersk – time to stick your finger in the air

Maersk chief executive Vincent Clerc launched the firm’s latest earnings call in the style of a TV anchorman, introducing himself and recently installed chief financial officer Rob...

Maersk Faces Arbitration Over Panama Port Takeover

A unit of Hong Kong’s CK Hutchison said that Maersk had undermined a contract over operations of ports at either end of the Panama Canal.

Maersk anuncia que um dos seus navios atravessou o estreito de Ormuz

"O Alliance Fairfax, um navio que transporta veículos e arvorando pavilhão americano, operado pela Farrell Lines, Inc., uma filial da transportadora americana Maersk Line Limited (...

Maersk Center Downsizes Amidst Uncertainty on Path to Decarbonization

 Amidst uncertainty about the form and timing of shipping's green transition, the A.P. Moller Foundation's Maersk Mc-Kinney Møller Center for Zero Car...

Shipping container giant Maersk to pass on soaring costs from the Iran war to customers

The Danish group, which carries around 20% of the world's containers, said costs will surge in the this quarter and the next, but it is offsetting this through price rises.

Maersk Agrees to $1.9 Million Settlement Over Container Charges

Maersk agreed to pay $1.9 million, issue refunds, and change its tariff rules after an FMC settlement over container fee practices.

CEO Says Maersk Will Pass Higher Oil Costs to Customers

The Iran war has raised expenses by about $500 million a month, Maersk CEO Vincent Clerc said.

Falling Freight Rates Drive Maersk to Q1 Loss in Shipping Segment

 Maersk gave a preview of the pressures the container shipping sector experienced in the first quarter, reporting that it swung to a financial loss in...

Maersk Maintains Caution on Hormuz Shipping Despite Ceasefire

Maersk said on Wednesday the two-week ceasefire agreed between the U.S.

Rederij Maersk meldt doorvaart van vrachtschip met hulp van Amerikaans leger

Maersk passing $500 million monthly fuel bill to customers ‘in full’: CEO

But the carrier’s ability to continue that cost recovery will depend on the long-term impact of high energy prices on consumer demand and how the industry manages its fast-growing...

FMC Collects Civil Penalty Payment of $1.9 Million from Maersk

The Federal Maritime Commission (FMC or Commission) investigates potential violations of the Shipping Act and Commission regulations and negotiates se...

Maersk joins race to target burgeoning China-India trade with capacity boost

The carrier is increasing capacity in response to growth in Indian imports from China and other Asian production markets in recent years, propelled by input sourcing to support rap...

Maersk joins race to target burgeoning China-India trade with capacity boost

The carrier is increasing capacity in response to growth in Indian imports from China and other Asian production markets in recent years, propelled by input sourcing to support rap...

FMC collects civil penalty from Maersk on detention bills

The US maritime regulator said the ocean carrier will also refund third parties that paid detention bills and will limit future billing to shippers and consignees.

Maersk warns bunker shock is reshaping shipping economics 

Maersk has warned that a rapidly escalating fuel cost shock is becoming a dominant force in container shipping, as disruption in bunker markets drives up costs and reshapes operati...

Maersk mulls potential Red Sea return as hopes rise over US-Iran deal

But CEO Vincent Clerc said while the carrier assesses the situation with the view of eventually restarting some services through the region, Maersk would be taking a cautious appro...

Maersk levies emergency freight surcharge on Gulf routes amid Hormuz risks

Under the new structure, shippers will pay $1,800 per 20-ft container, $3,000 per 40-ft container, and $3,800 for reefers, special and dangerous cargo.

CK Hutchison Files Arbitral Claim Against Maersk Over Panama Terminals

 CK Hutchison, the Hong Kong-based ports giant, has filed an arbitral claim against AP Moller-Maersk. The case expands on an earlier arbitral claim th...

Maersk introduces peak season surcharges on key trade routes

Maersk has announced the introduction of Peak Season Surcharges (PSS) on multiple trade lanes as part of its efforts to maintain service reliability during periods of increased dem...

CK Hutchison's Panama Unit Files Arbitration Against Maersk

Hong Kong-based conglomerate CK Hutchison's Panama unit has launched an arbitration against Maersk after the takeover of two strategic ports near the Panama Canal which are at the...