Maersk CEO Soren Skou Predicts ‘Sharp’ Rebound After Coronavirus Peaks
A.P. Moller-Maersk A/S, the world’s largest container shipping company, is positioning itself for a strong rebound in two months, based on an expectation that the fallout of the coronavirus on global trade may soon peak.
Maersk Plunges as Investors Dump Trade Icon on Trump’s Tweets
Shares in A.P. Moller-Maersk A/S, the world’s largest container shipping line, plunged the most in two months after President Donald Trump escalated his trade war against China.
Maersk Shares Tank After CEO Talks to Analysts About Trade War
Shares in the world’s biggest shipping company slumped May 24 after its CEO started discussing the fallout of global trade tensions on his industry.
May 24, 2019Maersk Container Vessel First to Take Arctic Shortcut
COPENHAGEN — A shipping vessel operated by the world’s largest container shipping company, Maersk, has for the first time managed to sail through Arctic waters off northern Russia, Danish public broadcaster DR reported Sept. 17.
September 18, 2018Maersk Sees Fuel Bill Soaring by $2 Billion From 2020 Rules
A.P. Moller-Maersk, the world’s largest container shipping line, said adhering to stricter environmental standards could add at least $2 billion to its annual fuel bill from 2020.
World’s Biggest Shipping Firm Maersk to Test Russian Arctic Route
COPENHAGEN, Denmark — Danish shipping group A.P. Moller-Maersk said Aug. 23 it will send a cargo vessel through the Russian Arctic for the first time as a result of melting sea ice.
Rare Hedge Fund Bet Targets the World’s Biggest Shipping Firm
A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds itself the target of an attack by hedge funds.
July 23, 2018Maersk Appoints First Female Executive in 114-Year History
A.P. Moller-Maersk A/S, the world’s biggest shipping company, has appointed a woman to be its chief financial officer for the first time in its 114-year history. Carolina Dybeck Happe, 45, who has held various high-ranking posts at lockmaker Assa Abloy AB, will start at Maersk by the beginning of next year.
Maersk Shares Plunge as Container Line Underperforms
A.P. Moller-Maersk A/S reported an unexpected loss after its container line, the world’s biggest, conceded market share and rising costs outpaced freight rates.
May 17, 2018Maersk Would Be Ready to Move Closer to Junk ‘For Right Reason’
A.P. Moller-Maersk A/S renewed a pledge to creditors to protect its investment-grade rating. But the man in charge of the shipping giant’s finances says there’s room to move a little closer to junk.
February 22, 2018