Tag: ,

A.P. Moller-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 splits

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

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

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

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 Line

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 line

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 Oil

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 Line

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 Line

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

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....