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SOREN SKOU
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...- There’s an inflation sting in Maersk’s global demand warningThe outlook from Maersk, which moves millions of containers around the world every year, is a fresh warning for central banks that their in...
- 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...
- Maersk to slow pace of ships to save fuel as demand loses steamAs one of the world's biggest shipping companies, Maersk benefited from soaring freight rates following a surge in consumer demand during t...
- 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 sees weaker demand for shipping containers this yearThe company, one of the world's biggest container shippers with a market share of around 17%, revised its outlook for global container dema...
- World's damaged supply chains brace for painful recoveryStarting in 2020, companies reacted to the economic downturn by cancelling production plans for the next year, only to be blindsided by an ...
- Maersk expects supply chain chaos to buoy 2022 profitsMaersk, which handles about one in five containers shipped worldwide, increased dividend payout to shareholders to a total of 47 billion Da...
- LA Port sees chance to ease ship backlog by summer peakMaersk, which handles almost one-fifth of the world’s container traffic, sees a 2%-4% expansion in the market this year, with a strong firs...
- Shipping company Maersk sees record profit as demand surgesIn the last three months, revenue soared to $18.5 billion from $11.3 billion in the same period the previous year. Profits in the fourth qu...
- 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...
- Shipper Maersk says port delays will stretch into new yearTo meet the rising demand, Maersk said it has added more capacity but this could not offset the port congestion that sent third-quarter con...
- 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 lifts profits on global supply chain crunchMaersk said that its bottom-line net profit amounted to $5.438 billion in the period from July to September, compared with $947 million a y...
- 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.
- Global shipping turmoil expected to calm down by mid-yearShipping firms such as South Korea’s HMM Co. are ordering more containers to address an acute shortage, with cargo stuck at warehouses long...
- Maersk to build solid network of inland container depots in India: Soren SkouIndia has got demographics that the rest of the world will envy for many, many years to come, not least in terms of the large young populat...
- Maersk Line India aims to expand supply chain solutionsA bigger role for Maersk in the supply chain would mean the company’s involvement in the road and railways legs of shipments for importers,...
- Make in India: PMO likely to give final nod to cabotage relaxation in 15 days, says Nitin GadkariThe Prime Minister's office will likely give a final nod to total relaxation of cabotage rules, a move that will make way for global shippe...
- We have a lot of appetite to grow in India: Soren Skou, CEO of Maersk LineMaersk Line is part of AP Moller-Maersk Group, a Danish business conglomerate, which is keen to invest in port infrastructure.
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