Archives



ap-moller-maersk

Maersk record earnings could be high-water mark

AP Moller Maersk reported higher earnings in its three main businesses - Ocean, Logistics & Services and Terminals - in the third quarter of 2022 compared to the same quarter last year. Revenue increased by 37%, and earnings increased around 60%. It said that ocean freight rates, which have driven the exceptional results in 2022, were again up both year-on-year and compared to the second quarter. However, it is clear ... [+]

Maersk Air Cargo launches South Carolina-Korea flights

AP Moller-Maersk’s Maersk Air Cargo arm has launched scheduled flights between Greenville-Spartanburg, South Carolina (GSP) and Incheon, Korea (ICN). They will fly twice-weekly with the first of three newt Boeing 767-300 freighters that have recently been purchased by Maersk Air Cargo, operated by Miami-headquartered cargo airline Amerijet International. It is the ... [+]

Cameroun comes to Cote d’Ivoire

AP Moller–Maersk’s Safmarine Cameroun made her first call at the Cote d’Ivoire container terminal (CIT), a new joint venture facility between APM Terminals and Bolloré Ports in the Port of Abidjan, which is scheduled to become operational at the beginning of November. Covering an area of 37.5 hectares, CIT will ... [+]

Maersk to launch Spain/UK reefer rail route

AP Moller Maersk’s intra-European logistics arm Sealand is launching a temperature-controlled rail service from Spain to the UK for temperature sensitive cargo including fruit and vegetables. There will initially be three weekly departures from Valencia to Barking in East London. The trains will carry also non-refrigerated cargo from the UK ... [+]

Maersk to buy Martin Bencher

AP Moller – Maersk is to acquire Danish project logistics  forwarder Martin Bencher Group. Martin Bencher was founded in 1997 and is an asset-light logistics provider whose core capability is designing end-to-end project logistics solutions. It is headquartered in Aarhus and has 31 offices in 23 countries, with almost 170 ... [+]

Maersk completes Pilot purchase

AP Moller-Maersk (Maersk) has completed acquisition of US-based Pilot Freight Services.  Pilot, which offers cross-border solutions into Canada and Mexico, will be rebranded as Pilot – A Maersk Company. As well as adding international, domestic and cross-border logistics to Maersk’s North America landside logistics capabilities it adds capabilities in the ... [+]

Maersk’s Performance Team to open Houston cold chain site

AP Moller Maersk’s Performance Team arm is to open an integrated cold chain facility in Houston. The new facility will open in August 2022 and will offer a 90’ loading dock that is temperature-controlled and protected from the elements. The company also worked closely with the USDA on the design ... [+]

Angry tugboat crews vow to bring Teesport to a halt

The Unite trade union is warning that Teesport is facing disruption due to a tug boat strike. Crews employed by AP Moller-Maersk subsidiary Svitzer Marine at Teesport, the UK’s fifth largest container port, will begin strike action early next month in a dispute over a pay freeze. The first strike ... [+]

Maersk signs four-year deal with Unilever

AP Moller - Maersk has signed an international freight supply chain management partnership with consumer products manufacturer Unilever from 2022. The four-year agreement will see the development and management of Unilever’s International Control Tower Solution which will consolidate execution of its global ocean and air transport, enhancing visibility, increasing efficiency ... [+]

Maersk issues green ship bond

AP Moller–Maersk has launched a 10-year, €500 million green bond under its Green Finance Framework to fund building of its first feeder vessel and series of eight large ocean-going container vessels capable of operating on methanol by 2023 and 2024, respectively. It said that the transaction received a strong reception ... [+]

More »

advert 3