maersk News Updates

BusinessLogistics

Maersk Exploring All Options as Report Points to 2-Way Split

A.P. Moeller-Maersk A/S said it's still considering several options in its strategic review after a local newspaper reported that the Danish conglomerate was exploring a two-way split into an energy and a transport company.

August 19, 2016
BusinessLogistics

Analysis: Maersk's Sinking Feeling

It's a sign of stunted investor expectations when an 89% slide in quarterly profit triggers a 3% share price jump.

August 17, 2016
BusinessLogistics

World鈥檚 Biggest Shipping Firm Warns Against US Protectionism

A. P. Moeller-Maersk A/S, a Danish conglomerate that owns the world鈥檚 largest container shipping company, is voicing concern as a potential shift in U.S. policy threatens to reduce global trade.

August 16, 2016
BusinessLogistics

Hyundai Merchant to Join Maersk Alliance

Hyundai Merchant Marine Co. will join the world鈥檚 biggest shipping alliance, meeting all conditions imposed by creditors as the company seeks to reduce debt after years of weak global demand caused losses.

July 19, 2016
BusinessLogistics

Maersk Chairman Says 鈥楽trategic Options鈥 Include Company Split

A.P. Moeller-Maersk A/S replaced its CEO as the owner of the world鈥檚 biggest shipping company explores a number of 鈥渟trategic options鈥 that may include splitting up its operations.

June 23, 2016
BusinessLogistics

Maersk Earnings Fall, Hurt by Weaker Ocean Freight Rates

Danish firm Maersk Group, owner of the largest ocean carrier, earlier this month reported first-quarter earnings plummeted nearly 90% to $224 million, weighed down by an even greater profit decline at Maersk Line due to downward pressure on container freight rates.

May 9, 2016
BusinessLogistics

World's Biggest Shipping Company Pours Billions Into Expansion

The world鈥檚 biggest shipping company is taking advantage of low industry prices to build its business across units.

April 6, 2016
BusinessLogistics

Maersk Profit Plunges as Oil, Container Units Suffer

A.P. Moeller-Maersk A/S reported an 84% plunge in 2015 profit after its oil unit was hit by lower energy prices and聽the container division聽got squeezed between sluggish trade growth and overcapacity. The shares fell the most in almost a year.

February 10, 2016
BusinessLogistics

Global GDP Worse Than Official Forecasts Show, Maersk Says

The world鈥檚 economy is growing at a slower pace than the International Monetary Fund and other large forecasters are predicting.

November 9, 2015
BusinessLogistics

Maersk Line to Cut Capacity and Jobs as Global Demand Sags

A.P. Moeller-Maersk A/S is scaling back capacity and cutting jobs in the world鈥檚 largest shipping line to adapt to a drop in demand.

, November 4, 2015