Tag: Maersk, splits
Maersk Group splits into two, moves top executives
Danish oil and shipping conglomerate A.P. Moller-Maersk said on Thursday it would split the group into separate businesses for transport and energy as it faces headwinds...
A.P. Moller-Maersk Group splits into two divisions, reshuffles top executives
Danish oil and shipping conglomerate A.P. Moller-Maersk said on Thursday it would split the group into separate businesses for transport and energy as it faces...
Maersk Supply Service employs 10 vessels on subsea decommissioning contract
Maersk Supply Service (MSS) is to deploy 10 offshore vessels on a subsea decommissioning contract in the North Sea for Maersk Oil UK. Under the contract MSS will be...
Maersk Oil sells North Sea stakes
Maersk Oil, a unit of Danish conglomerate A.P. Moller-Maersk, has agreed to sell stakes in three North Sea fields to RockRose Energy, the latest new entrant into the...
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...
Maersk Supply Service to cut 400 offshore jobs, cull fleet
Denmark-headquartered Maersk Supply Service is to let 400 of its 1450 offshore workers go by the end of September as it responds to “unprecedented” market...
Maersk warns against U.S. protectionism, says trade barrier weakens growth
Danish conglomerate, A. P. Moeller-Maersk A/S, which owns the world’s largest container shipping company – Maersk Line, is voicing concern as a potential...
Maersk Drilling looks to avoid laying up rigs
Maersk Drilling expects the weak market to continue in the short and medium term but still hopes to avoid laying up or cold stacking rigs and instead keeping idle rigs...
Maersk warns U.S. against protectionism
Danish conglomerate, A. P. Moeller-Maersk A/S, which owns the world’s largest container shipping company – Maersk Line, is voicing concern as a potential shift...
Maersk Group’s profit hit by lower freight rates, oil price
Danish shipping and offshore energy conglomerate Maersk Group delivered a profit of USD 118 million in the second quarter of 2016, compared to USD 1.1 billion seen in...
Maersk Line aborts feeder services at 10 Chinese ports
Maersk Line has confirmed a move to abort feeder services to and from 10 Chinese ports as part of an overall effort to reduce costs, amid the sluggish container shipping...
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....
