APMT bets on terminal development in Pakistan as subcontinent trade expands
KARACHI : Growing trade volumes out of the Indian subcontinent amid the trade diversification in Asia are driving global maritime investors to pour more money into the market. Maersk subsidiary APM Terminals is weighing
Maersk joins study to explore potential of nuclear powered container-shipping
COPENHAGEN : Maersk, Lloyd’s Register and Core Power will explore the regulatory feasibility and frameworks that will be required for a container ship using a fourth-generation nuclear reactor to undertake cargo operations in Europe,
Maersk continues with fleet renewal plan
COPENHAGEN : In continuation of its fleet renewal programme initiated in 2021, A.P. Moller – Maersk is in the process of signing newbuilding orders and time-charter contracts for dual-fuel vessels matching the planned renewal
Maersk ups profit target by $2bn on Red Sea shipping woes
COPENHAGEN : Danish shipping giant Maersk said Thursday it expects its underlying profit in 2024 to be $2 billion higher than its previous forecast as freight rates have increased amid the crisis in the
A.P. Møller – Mærsk A/S – Trading update for Q2 and adjustment of full-year guidance 2024
COPENHAGEN : Based on preliminary figures, A.P. Møller – Mærsk A/S (APMM) reports an unaudited revenue of USD 12.8bn, underlying EBITDA of USD 2.1bn and underlying EBIT of USD 756m (reported EBIT of USD
Maersk Asia Pacific market update – July 2024
COPENHAGEN : Market insights to power your logistics decisions. The resilience of your supply chain is always our top priority. We are confronted by a range of challenges which include geopolitical tensions, climate change,
Maersk announces updated surcharges worldwide
COPENHAGEN : Maersk will implement a Peak Season Surcharge (PSS) for shipments from India, Bangladesh and Sri Lanka to Bahrain for all dry containers starting 28 July 2024. Origin Destination Charge Basis Container Currency
MSC increases own-operated service share ahead of 2M termination : Sea-Intelligence
GENEVA : The 2M Alliance, which currently includes the top two shipping lines MSC and Maersk, is scheduled to conclude in February 2025. Following this, Maersk will join forces with Hapag-Lloyd to establish the