Maersk launches FI2 ocean service to strengthen India-China trade connectivityLeveraging Pipavav port and the Dedicated Freight Corridor, Maersk offers integrated logistics, significantly cutting transit times to key ...
PM Modi strengthens India-Nordic ties with focus on clean energy, trade, digitalization focus at 3rd summitAhead of the 3rd India-Nordic Summit, Narendra Modi held key meetings with leaders from Iceland, Finland, and Denmark to strengthen coopera...
Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
Maersk CEO sees passing higher oil shock costs to customersA.P. Moller-Maersk CEO Vincent Clerc stated the Iran war is increasing costs by $500 million monthly. These expenses will be passed to cust...
World’s largest container carrier plans route avoiding HormuzThe world’s largest container shipping company, MSC Mediterranean Shipping Company, is launching a new Europe–Middle East service that avoi...
Ocean freight carriers are ripe to compete in the airA.P. Moller-Maersk and CMA CGM are expanding into air freight by acquiring new Boeing and Airbus aircraft. The companies aim to diversify t...
Maersk says winter weather, Red Sea disruption cause congestionMaersk and other shipping groups have diverted vessels away from the Red Sea and the Gulf of Aden following attacks by Yemen's Houthis.
Billionaire Maersk family forms green methanol firm for shippingThere is a green methanol production capacity of 153,000 tons in operation at the moment around the world, which also includes demonstratio...
Shipping giant Maersk taps investors for first dollar green bondMaersk would use the proceeds from the offering to help itself finance or refinance green assets, including fixed assets, capital and opera...
A.P. Moller Capital sets up Singapore officeA.P. Moller Capital, an asset management unit of the A.P.Moller Group, one of the world’s oldest and largest transportation and logistics c...
A.P. Moller - Maersk inaugurates two warehouses in IndiaThe warehouses in Farrukhnagar, Harayana and Dadri, Uttar Pradesh, take the company's total warehousing footprint to 3.3 million sq. ft. sp...
A.P. Moller - Maersk opens new warehouse in BhiwandiMaersk is developing and providing solutions ranging from ocean transportation to landside and air transportation, contract logistics inclu...
A.P. Moller – Maersk announces India’s first Women Seafarers’ Cadet ProgrammeBy 2027, Maersk aims to increase the proportion of women among the fresh cadets inducted to 50% from a baseline of 7.6% in 2021.
Maersk raises guidance citing exceptionally strong demandThe company, which transports almost a fifth of the world’s containers, said it now sees global market demand growing 5-7% this year, compa...
Maersk is said to weigh sale of $1 billion cold container unitThe unit has seen high demand for its containers during the coronavirus crisis, with lockdowns clogging global trade routes and upending fl...
World's biggest shipper reports rebound in businessMaersk's business is closely watched within the shipping and other industries as it seen as a barometer of global trade.