Maersk Sees Global Trade Contracting as Much as 2.5% in 2023
A.P. Moller-Maersk A/S said “muted” economic growth is set to push the world’s container shipping volumes down by as much as 2.5% this year.
Supply Chains Must Change, Says Maersk’s Ditlev Blicher
Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.
Maersk CEO Soren Skou Leaves, Will Be Replaced by Vincent Clerc
A.P. Moller-Maersk A/S CEO Soren Skou will step down and will be replaced by Vincent Clerc, the current head of the transport giant’s ocean and logistics business.
Maersk Warns of Worsening Container Demand and Inflation
One of the world’s biggest shipping companies just issued a downbeat assessment of the global economy, saying container demand will fall as much as 4% this year.
Maersk Expands Green Fleet With $1 Billion Order for Vessels
A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, ordered six large containerships that can sail on green methanol as part of the transport giant’s plan to become carbon neutral.
Maersk Lost More Than $700 Million From Russia in Quarter
A.P. Moller Maersk A/S lost more than $700 million in the first quarter from the war in Ukraine as it counts the cost of exiting Russia, according to the shipping giant.
Maersk Sees Possible Contraction in Global Container Market
Disruptions in global trade flows are set to persist into the second part of the year, longer than previously expected, Danish transport giant A.P. Moller-Maersk A/S predicted.
Maersk Plans to Deploy 300 Electric Trucks in North America by 2025
A.P. Moller-Maersk is building out its electric heavy-duty truck fleet with two announcements involving Einride and BYD, and, separately, Volvo Trucks North America.
Maersk Chairman to Leave Board as Family Member Takes Over
A.P. Moller-Maersk A/S’s chairman, Jim Hagemann Snabe, is leaving his position to pave the way for a Maersk family member to take over the job of overseeing the Danish shipping giant.
Maersk Sees Record Profit as Demand Surges
COPENHAGEN, Denmark — Maersk said that 2021 was its most profitable year yet, bringing in $18.7 billion as surging demand from a rebounding global economy led to supply chain logjams.
February 9, 2022