A.P. Moller-Maersk

Shipping Firm Maersk Sees Full-Year Profits At Lower End Of Range

Shipping group A.P. Moller-Maersk said that it now expects full-year operating profit at the lower end of its range, and the firm plans to cut 10,000 jobs...

Maersk Posts Second-Quarter Profits Above Forecast, Adjusts FY Guidance

Shipping group A.P. Møller-Mærsk has reported second-quarter earnings above expectations, and adjusted its profit guidance for the full year u...

Maersk Reports Lower Container Volumes, Keeps Full-Year Guidance

Shipping group Maersk has reported first-quarter earnings above expectations and maintained its profit guidance for the full year even as container volumes...

Some Ocean Shipping Rates Collapsing, But Real Price Relief Is Months Away

Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spri...

Shipping Firm Maersk Picks Vincent Clerc As New CEO

Shipping giant A.P. Moller-Maersk said on Monday it had appointed Vincent Clerc, who has been with the firm for 25 years, to replace Soren Skou as chief ex...