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...
08 May, 2026, 10.59 AM IST
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...
02 May, 2026, 04.54 PM IST
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, ...
26 Apr, 2026, 06.49 AM IST
Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
08 Apr, 2026, 09.31 AM IST
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...
06 Sep, 2024, 10.08 AM IST
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.
19 Jan, 2024, 10.07 AM IST
A P Moller-Maersk to construct new cold store facility in GujaratMaersk’s new cold store facility will be constructed close to the customer’s manufacturing facility and will serve as the mother cold store...
18 Jan, 2024, 03.49 PM IST
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...
15 Sep, 2023, 09.55 AM IST
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...
12 Sep, 2023, 09.42 AM IST
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...
21 Feb, 2023, 11.20 AM IST
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...
23 Sep, 2022, 01.47 PM IST
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...
06 Sep, 2022, 04.32 PM IST
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.
18 May, 2022, 04.11 PM IST
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...
28 Apr, 2021, 08.54 AM IST
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.
11 Feb, 2021, 09.59 AM IST
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.
27 Aug, 2019, 05.27 PM IST
Indian ports can function effeciently without government control: A.P.MollerHe advocated the relaxation of cabotage law which prevents the international flag carriers from operating in the Indian coast, to keep the ...
05 Aug, 2016, 08.19 PM IST