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MAERSK CEO
Maersk boosts outlook on stronger-than-expected container demandGlobal shipping giant Maersk expects the container market to remain strong throughout 2024, with container volumes now projected to grow by...- 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...
- Oil eases on signs US is loosening Iranian closure of Strait of HormuzOil prices saw a dip on Tuesday. This followed a significant rise after the U.S. Navy began operations to reopen the Strait of Hormuz. A U....
- Amazon opens up logistics network to other businesses in challenge to UPS, FedExAmazon is now offering its vast logistics network to other companies. Businesses can use Amazon's services for moving, storing, and deliver...
- US stocks today: Amazon opens up logistics network to other businesses in challenge to UPS, FedExAmazon is entering the logistics market. It will now offer its vast network for businesses to store and ship goods. This move directly chal...
- Maersk appoints Charles van der Steene as MD for Indian Subcontinent, Middle East & AfricaVan der Steene, a long-time Maersk employee with extensive regional experience, will now lead the company's operations across this strategi...
- Maersk CEO warns of downside risk to oil prices amid OPEC+ output riseMaersk executive Emma Mazhari warned of a high risk of falling oil prices due to a slight demand increase and OPEC+'s decision to raise pro...
- Maersk and Hapag-Lloyd announce two ocean network options with equal industry-leading schedule reliabilityMaersk and Hapag-Lloyd are set to launch their Gemini Cooperation in February 2025, aiming to create a flexible and interconnected ocean ne...
- 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.
- Global shipping giant Maersk to slash 10,000 jobs, citing difficult container trade environmentThe announcement was made as Copenhagen-based Maersk presented its quarterly report, which listed profits before taxes at USD 691 million, ...
- Shipping giant Maersk bets on driverless trucks to improve deliveriesMaersk has partnered with Kodiak Robotics Inc. for driverless trucks and will be testing them from Houston to Oklahoma City. A safety drive...
- Maersk replaces CEO to steer shipping firm through turbulent watersCompany veteran Clerc, who currently heads the company's Ocean & Logistics business, is taking the helm at a time of slowing demand for tra...
- Maersk sees Europe close to a recession with US not far behindThe Copenhagen-based company said it expects global container demand to decline 2% to 4% this year, compared with previously guiding demand...
- A.P. Moller - Maersk pushes green transformation with six additional container vesselsMaersk has set a net-zero emissions target for 2040 across the entire business and has also set tangible near-term targets for 2030 to ensu...
- 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...
- Maersk launches air cargo in response to customers needsThe new air freight company is the result of the existing in-house aircraft operator, Star Air, which has transferred activities into Maers...
- Maersk overtaken as world’s no.1 shipping line by MSCAfter struggling to make money for much of the past decade, the container shipping industry just had its most profitable year ever as pande...
- Maersk to go green early as new fuel options speed up transitionMaersk, the world’s largest shipping line, consumes about 12 million tons of marine oil per year, roughly equal to all the oil produced in ...
- Maersk’s green shipping plan runs up against scarce cooking oilMaersk consumes about 12 million tons of marine oil per year, roughly equal to all the oil produced in the world in one day.
- Maersk appoints Carlsberg's Nils Andersen as new chiefAP Moeller-Maersk, the world’s largest shipping company, replaced its chief executive officer with Carlsberg’s Nils Smedegaard Andersen aft...
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