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A.P. MOLLER MAERSK
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...
- 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...
- Trump’s Hormuz blockade has deepened a historic shipping crisisThe Strait of Hormuz has effectively shut to global shipping after the US, led by Donald Trump, imposed a blockade on Iran-linked vessels, ...
- 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...
- Maersk sells last major energy asset as it focuses on logisticsMaersk has been close to selling the Maersk Supply Service before. In 2018 it expected to complete a divestment, citing valuation estimates...
- 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 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.
- Shipping drifts off net-zero course without carbon levyThe Maersk Mc-Kinney Moller Center for Zero Carbon Shipping said such a levy could be introduced initially at as low as $50 per ton of CO2,...
- 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.
- Riding rough seas: World's largest shipping line banks on India for tech transformationTechnology is extremely important for Maersk and Bangalore is playing a big role in bringing about a change.
- Steps taken to enhance IT infra security at JNPT: GovernmentOne of the four terminals, run by Danish firm AP Moller- Maersk at JNPT, ranked among top 12 major ports in the country, was impacted by th...
- Cost reimbursed by Indian agents for utilizing global telecommunication facility not taxable: SCSupreme Court held that payments received by taxpayer towards reimbursement of costs could not be termed as fees for technical services
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