Business, Technology, Fuel

Maersk Buys Stake in Electrofuel Startup in Race to Ditch Oil

A.P. Moller-Maersk A/S is investing in a startup that develops electrofuels as part of a strategy to own technologies that can help it become carbon neutral.

Christian Wienberg | Bloomberg News
September 23, 2021
Business, Logistics

Maersk Is Heading for Biggest Profit in Danish History

A.P. Moller-Maersk A/S is heading for a full-year profit that will match its combined results from the past nine years and make business history in its home country, Denmark.

Christian Wienberg | Bloomberg News
September 21, 2021
Business, Equipment, Fuel

Maersk Joins Buffett to Invest in Startup Promising Green Fuel

A.P. Moller-Maersk A/S has agreed to buy a minority stake in a green-fuel startup backed by Warren Buffett, as the world’s largest container line latches on to new technologies to decarbonize its fleet.

Christian Wienberg | Bloomberg News
September 8, 2021
Business, Technology, Equipment, Fuel, Logistics

Maersk’s Green Shipping Plan Runs Up Against Scarce Cooking Oil

A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: There isn’t enough used cooking oil to make the biofuel that powers the vessels.

Christian Wienberg | Bloomberg News
August 9, 2021
Business, Logistics

Maersk Ratchets Up Profit Guidance After Freight Rates Soar

A.P. Moller-Maersk A/S, the world’s largest container line, raised its guidance for profit this year after freight rates soared as lockdowns led to a surge in spending on shipped goods.

Christian Wienberg | Bloomberg News
August 3, 2021
Business, Logistics

DSV to Buy Agility’s Logistics Unit for $4.1 Billion

DSV Panalpina A/S agreed to buy Agility Public Warehousing Co.’s Global Integrated Logistics business for $4.1 billion, extending its reach in the air and sea transport industry.

Christian Wienberg | Bloomberg News
April 27, 2021
Business, Logistics

Maersk Can’t Find Enough Women to Pursue Top Jobs

The chairman of A.P. Moller-Maersk A/S, Jim Hagemann Snabe, said it is proving difficult to get enough women to apply for top management jobs at the world’s biggest container-shipping company.

Christian Wienberg | Bloomberg News
March 23, 2021
Business, Logistics, Top 50

Maersk Says Record Shipping Rates Unlikely to Have Peaked Yet

A.P. Moller-Maersk A/S, the world’s largest container carrier, is working at full capacity and can’t yet see a peak in freight rates that have already been propelled to record highs by pandemic consumer spending.

Christian Wienberg | Bloomberg News
January 6, 2021
Business, Logistics

Maersk Lifts Profit Outlook in Sign of Pandemic Resilience

The world’s largest container line may generate $1.5 billion more in operating profit this year than previously expected, as its business proves resilient to the COVID-19 crisis.

Christian Wienberg | Bloomberg News
August 19, 2020
Business, Logistics, Top 50

Container Shipper Maersk Warns of 25% Volume Slump

The world’s largest container line is bracing for a historic slump in demand after emergency lockdowns across the globe left international trade in tatters.

Christian Wienberg | Bloomberg News
May 13, 2020