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MAERSK GROWTH
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...- 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...
- Pharmaceutical exporters to benefit from Maersk’s first dedicated reefer rail service from Hyderabad to MumbaiA weekly cold-chain rail corridor from the pharmaceutical hub of Hyderabad to the Nhava Sheva Port will deliver predictable logistics while...
- 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...
- 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...
- Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
- MatchLog partners with Maersk for landside equipment optimisation in IndiaMumbai-based MatchLog Solutions is aiming to create a sustainable ecosystem in the shipping industry through its container reuse platform.
- Maersk and Cochin Shipyard partner to explore ship repairs and shipbuilding activities in IndiaThe strategic alliance is in line with India’s vision to transform the maritime sector and establish itself as one of the top five global m...
- Maersk appoints Christopher Cook as its new Managing Director for India, Bangladesh & Sri LankaCook has driven substantial growth by successfully diversifying the business while achieving high customer satisfaction levels.
- Maersk expects container demand growth to slow, raises investment forecastMaersk, viewed as a barometer of world trade, said global container demand was estimated to have grown 5%-7% in the second quarter, boosted...
- Maersk Q2 Results: Profit drops 45% to $833 million over disruptions in global supply chainsThe Red Sea crisis has led to increased operating costs for Maersk, it said, necessitating rerouted shipping lanes that have impacted the c...
- Maersk veteran builds $220 million bet backed by super-richThe Copenhagen-based venture firm has already secured about half that amount from major family offices as well as institutional investors a...
- Maersk launches new solution for eCommerce fulfillment at Rs 80/orderMaersk has introduced a new eCommerce fulfilment solution for small to medium-sized businesses in India. The solution provides a single win...
- 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...
- 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...
- Maersk appoints Vikash Agarwal as new MD for South AsiaAgarwal has had a track record of leading country-level operations with wide-ranging regional roles in the logistics industry, said the rel...
- 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.
- India's containerised foreign trade surges 10% in Q3 2017Demand for India-made appliances and kitchenware in Saudi Arabia also witnessed a 8% growth in Q3 2017.
- Gujarat Pipavav Port's expansion plans to make it a major container hub; stock likely to riseGujarat Pipavav Port had a revenue growth of 33% and net profit growth of 142% during the fourth quarter of 2011.
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