Maersk pulls out of bidding for DB Schenker
Danish shipping giant A.P. Moller-Maersk (Maersk) has walked away from purchasing Deutsche Bahn’s logistics unit DB Schenker. Maersk was one of the candidates interested in…
Maersk scores heavy lift transport job for Vestas wind turbine components
Danish shipping giant A.P. Moller-Maersk (Maersk) has secured a significant contract with global renewable energy leader Vestas for the transport of critical components for Vestas’…
Four names make the cut in DB Schenker sale
Four candidates have been picked by Deutsche Bahn as suitable buyers for its logistics unit DB Schenker. Citing sources familiar with the matter, Reuters said…
Maersk, Vestas ink South Korea-focused wind turbine logistics MoU
Shipping giant Maersk has signed a memorandum of understanding (MOU) with the wind turbine manufacturer Vestas for joint investment. The two companies aim to establish…
Container xChange
Key Bridge collapse cuts off the port, while overall impact on US economy is limited
The fatal incident when the Maersk chartered container vessel Dali lost power and struck the Francis Scott Key Bridge in Baltimore, Maryland, will have a…
Infrata: Gemini Cooperation is a start of more changes in liner shipping
Based on the announcement about the new alliance between Maersk Line and Hapag-Lloyd, business management consultancy Infrata has reviewed what it means, so far, and…
Hapag-Lloyd quits THE Alliance, starts Gemini Cooperation with Maersk
Starting in February 2025, Hapag-Lloyd and Maersk will start a new long-term operational collaboration called Gemini Cooperation. The ambition is to deliver a flexible and interconnected…
Red Sea crisis pushes freight rates skywards
The Red Sea crisis shows no signs of easing as A.P. Moller – Maersk pauses all transits through the region ‘for the foreseeable future’ and…
MSC ship attacked in the Red Sea
MSC said its container ship MSC United VIII was attacked on December 26 while transiting the Red Sea, having to engage in evasive manoeuvres. The…
Maersk to resume Red Sea transit
The situation in the Red Sea and the Gulf of Aden is a quickly changing one and the shipping giant Maersk has voiced its readiness…
Shipping CEOs call for accelerated maritime transport decarbonisation
CEOs of the shipping majors have joined forces in advocating for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO),…
Maersk to cut workforce by over 10,000 as profit plummets
Danish shipping major, Maersk, is looking to cut its workforce by over 10,000 people as it looks to save $600 million in 2024. The decision…
CMA CGM and Maersk tie up over shipping decarbonisation
CMA CGM and Maersk have taken a joint step towards shipping decarbonisation in full compliance with laws and regulations. Jumping to the top of the…
Maersk goes to court for financial loss during Suez Canal blockade
Maersk has filed a case at the Maritime and Commercial Court in Denmark against, among others, competitor Evergreen and ship manager Schulte Group for the…
Are 2M divorcees eyeing a new fling with breakbulk?
The recent dissolution of the 2M alliance between MSC and Maersk is expected to bring more competition in the container shipping sector. However, could the…
Maersk records 28.4 billion euros gross profit
The Danish shipping group A.P. Moller-Maersk looks back on a year of “exceptional financial performance”. Turnover increased by 32% in 2022 to just over 76…
MSC and Maersk call it quits on 2M alliance
Shipping giants MSC Mediterranean Shipping Company and Maersk, have decided to part ways and not continue the 2M alliance past 2025. To remind, the two…
Appointments: a shift at Maersk helm, new names at Osprey and Bolloré
Over the past few days, a number of changes have been made across the companies within the sector, most notably a change at the helm…
Maersk Supply Service awarded transport & installation contract for EFGL OWF
Maersk Supply Service (MSS) was contracted by EPCI contractor Eiffage Métal to transport and install three 10MW Vestas V164 wind turbines at the Éoliennes Flottantes…
Maersk relies on methanol for supply chain decarbonisation
As a response to the customer demand for supply chain decarbonisation, Maersk is ordering six large ocean-going vessels that can sail on green methanol. The…