Former Maersk CEO appointed Unifeeder’s Board Chairman

By Jite Eriabie  Pan-European feeder and shortsea operator Unifeeder has appointed Nils Smedegaard Andersen, former CEO…

Maersk requires three more approvals to close Hamburg Süd acquisition 

By Jite Eriabie  Maersk Line has received clearance for its acquisition of German liner company Hamburg Süd in…

Digitalization a must for survival, says Maersk’s Tim Smith 

By Jite Eriabie  The rise of digitalization, the Internet, cloud computing and E-commerce is starting to…

Maersk completes sale of tankers unit 

By Jite Eriabie  Danish shipping and energy conglomerate A.P. Møller – Mærsk A/S (APMM) has completed…

Maersk sells tanker unit to family fund for $1.17bn 

By Jite Eriabie  Danish conglomerate A.P. Moller – Maersk (Maersk Group) has signed a deal to…

Maersk supply ships sinking a ’systematic accident’, says Danish Board 

  By Jite Eriabie  The Danish Maritime Accident Investigation Board (DMAIB) has released its investigation report…

Total acquires Maersk Oil for $7.45bn

The boards of both Total and AP Moller -Maersk have approved the transaction for Total to…

Maersk CEO Søren Skou says no reason to order new megaships

There is no incentive to order new ultra large containerships from a cost perspective right now, despite…

Five more major regulators need to approve Maersk’s Hamburg Süd deal

Regulatory bodies of China, Korea, Brazil, Chile and South Africa are still to clear Maersk Line’s acquisition…

Maersk upbeat despite $300m cyber attack bill

Denmark’s A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday, lifting its shares…

Maersk CEO: Five or six container carriers to survive consolidation

Further consolidation in the container shipping market seems to be imminent and is likely to result…

Maersk family foundation launches $1bn infrastructure fund for Nigeria, others 

A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk, said Wednesday it has launched a…