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MAERSK GROUP
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...- 'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
- Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
- 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...
- Oil Price Today (May 5): Crude oil falls but holds above $110 as Iran war tensions persist. What are experts saying?Oil prices dipped Tuesday after a significant surge, as the U.S. Navy initiated operations to reopen the Strait of Hormuz. A U.S.-flagged v...
- 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...
- Maersk says shipping boom will stabilise in H2, revises up profit guidanceThe company now expects growth in global container demand to slow this year to between minus 1% and plus 1%, compared to its previous expec...
- 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 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,...
- Not much impact of malware attack on India yet: Ravi Shankar PrasadPrasad added that the government is keeping a close watch on the matter. He was speaking at the national convention here on 'Digitalization...
- Maersk GSC appoints Navneet Kapoor as new headPrior to being appointed by Maersk, Kapoor was the president, MD and chairman of the Target India Board where he was involved in the compan...
- Maersk Group plans to break ships at Alang Yard"The Maersk Group’s policy is to only recycle ships responsibly. Until recently, this was only feasible in a limited number of yards in Chi...
- Keen to expand and invest in India: MaerskThe Maersk Group, said that for the 'Make in India' programme to succeed, the country needs "energetic set of policy mechanism" for the sec...
- Maersk Group rolls out improved maternity benefits worldwideIt comes close on the heels of the government considering a proposal to increase maternity leave for working women to 26 weeks from current...
- Pipavav Port to spend $100 million to increase capacity by 50 per centThe expansion work involves replacing a crane with a more powerful one and constructing a new yard, which will help in expanding the overal...
- Gujarat Pipavav drops container berth planGujarat Pipavav has dropped its plan to build a new container berth at its port and put its plan to increase bulk cargo handling capacity o...
- Maersk Line to Merge Safmarine Operations in hope to reduce costsThe Safmarine brand name will stay, and more than 1,000 personnel in sales and marketing positions around the world will be able to keep th...
- Shipping firms drop anchor to control carbon emissionsState-owned Shipping Corp, AP Moller Maersk, the world’s largest container line, and Bharati Shipyard are accelerating their moves to cut c...
- Soomar to head Maersk Line in India, Sri LankaRizwan Soomar has taken over as managing director - India & Sri Lanka for Maersk Line, the container shipping arm of the Denmark based A P ...
- Maersk plans foray into India's infrastructure sectorShipping firm Maersk India Pvt Ltd, wholly-owned subsidiary of the A P Moller-Maersk Group, is planning to foray into the infrastructure se...
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