Shipping

Maersk Poaches New Finance Chief From Assa Abloy

Denmark's A.P. Moller-Maersk has chosen Carolina Dybeck Happe as its new chief financial officer, it said on Wednesday. Happe will take the position at...

Maersk First Quarter Profit Lags Forecasts; Flags Geopolitical, Trade Risks

Shipping group A.P. Moller-Maersk missed first-quarter core profit expectations on Thursday but kept guidance for the year unchanged, even though it flagge...

Shipping Firm MSC Stops Trade With Sanctions-Hit Russian Entities

Mediterranean Shipping Company (MSC) has stopped any new trade with Russian entities targeted by U.S. sanctions, the world’s number two container gro...

Maersk CEO Can't Imagine Self-Sailing Box Ships In His Lifetime

The chief executive officer of the world’s biggest shipping company says it’s unlikely container vessels will operate without humans in his lif...

Amazon Threat Has Maersk Racing To Stop Clients Becoming Rivals

The world’s biggest container shipping line is trying to stop customers like Amazon and Alibaba Group from becoming competitors in just a few years&r...

Maersk Drops As Company Misses Estimates After An 'Unusual' Year

A.P. Moller-Maersk A/S fell short of earnings expectations last year but promised its shareholders profit at the world’s biggest shipping company wil...

IBM, Maersk Form New Blockchain Company For International Cargo

IBM and AP Moeller-Maersk have started a company that will use new technologies such as blockchain, a digital ledger best known for underpinning bitcoin, t...

CMA CGM Names Rodolphe Saade As Chairman Amid Industry Recovery

CMA CGM Group, the world’s third-largest container shipping company, has given Chief Executive Officer Rodolphe Saade the additional role of chairman...