A.P. Moeller-Maersk

Maersk Raises Profit Outlook On Strong Market

A.P. Moller-Maersk raised its full-year forecasts on the back of strong third quarter results, robust demand and the continuing disruption&n...

Ocean Shipping's Zero-Emissions Push Needs Government Support, Maersk Says

The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean – a milestone in the shipping industr...

Container Rates Drop To Unsustainable Levels, Maersk CEO Says

The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk C...

Maersk To Use Rail To Bypass Panama Canal Amid Drought

A.P. Moller-Maersk will use trains to avoid the drought-hit Panama Canal for some of its vessels, the Danish shipping giant said as low water levels have c...

Hapag-Lloyd CEO Sees Bounce In Shipping Demand As Short-Lived

Germany's Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more...

Maersk CEO Expects 'Modest' Pick-Up In Trade For Holiday Season

A.P. Moller-Maersk's chief executive said he expects a "modest" pick-up in trade for the upcoming holidays this year amid concerns about the slow...

Shipping Group Maersk Triples Quarterly Profit Despite Lower Volumes

Shipping group A.P. Moller-Maersk has said that record-high freight rates boosted quarterly earnings in its third quarter, despite lower container volumes...