Tag:

Maersk Drilling to cut 122 jobs in U.S. after losing drillship contract 

Maersk Drilling will cut 122 jobs in the United States due to the early termination of a contract for deepwater rig Maersk Valiant, a spokeswoman has reportedly said....

Maersk Line

Maersk won’t take over HMM 

The world’s largest shipping line, Maersk, has officially announced that it will not take over debt-ridden Hyundai Merchant Marine (HMM). Maersk Line Asia Pacific...

Ericsson and Maersk create floating network 

  Dozens of companies from around the world navigate oceans to deliver more than 90% of the world’s cargo, according to Ericsson. And Maersk Line, a shipping...

Maersk’s Saego Line adds new boxship to Liverpool service  

Saego Line, a subsidiary of Danish shipping company Maersk, has introduced a new vessel, the Independent Accord, to its feeder service calling at Liverpool, UK. The...

HMM joins 2M alliance of Maersk Line and MSC

South Korea’s Hyundai Merchant Marine has confirmed that it will join the 2M container alliance currently comprising of Maersk Line and Mediterranean Shipping...

maersk

Maersk says challenging economic times curb struggling trade market

The economic slowdown in China, the declining demand for mining commodities, dwindling consumer spending power and the drought have all negatively impacted container...

Alang shipbreaking

European shipowners back Maersk’s stance on Alang

European shipowners are speaking up in support of responsible ship recycling in Alang, India and the decision by several large shipowners to begin testing upgraded...

Maersk: Ship recycling policy not changed with Alang move

Danish shipping giant Maersk Group has not lowered its standard or changed its responsible ship recycling policy after the engagement in Alang, India, the company...

Maersk earmarks two vessels for recycling at Alang

Maersk Group has announced it will send its first two container ships to the Alang shipbreaking yard in India. Maersk Wyoming and Maersk Georgia will both be dismantled...

Maersk Line revamping its Asia-North Europe trade

Danish container shipping company Maersk Line is making improvements to its network between Asia and North Europe, the world’s largest trade lane,...

Maersk investors get 24% richer as ‘perfect storm’ warning ends

Just four months after analysts warned of the “perfect storm” pummeling shares in A.P. Moeller-Maersk A/S, things now look very different. Since a February...

Maersk Group CEO says negative interest rates unhealthy for global shipping market

The owner of the world’s biggest shipping line says negative interest rates are hurting the industry by delaying the consolidation wave so badly needed. The...