World’s Largest Container Line Hit By Global Cyber Attack
Maersk said its customers can’t use online booking tools and its internal systems are down. The attack is affecting multiple sites and units, which include a major port operator and an oil and gas producer.
June 28, 2017Biggest Containership Ever to Call at a Florida Port Arrives at PortMiami
The Maersk Shanghai slipped into Government Cut before dawn June 14 and headed to its berth at PortMiami, becoming the largest containership to ever call at a Florida port.
World's Biggest Container Line Scales Down Bond-Market Reliance
The world’s biggest container shipping company and Denmark’s largest issuer of corporate bonds may rely less on debt markets in the near future.
May 15, 2017Maersk Soars as CFO Says Liner Business `Definitely' Improving
Shares in A.P. Moller-Maersk A/S soared as the company behind the world’s biggest container shipping liner pointed to an improvement in its transport business that it said wasn’t yet reflected in first-quarter results.
May 11, 2017Time Running Out for World’s Top Shipbuilder as Creditors Argue
South Korea’s National Pension Service has a decision to make — help the world’s biggest shipmaker survive, or let it die.
Container Shipping Lines Ordered to Testify in US Sector Probe
The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on March 22.
Sanity Returning to Shipping as Freight Rates Gain, Maersk Says
The bankruptcy of South Korean ocean carrier Hanjin Shipping Co. and consolidation in container shipping will pave the way for a better 2017 for the industry, according to Robbert van Trooijen, the Asia-Pacific chief of Maersk Line.
February 10, 2017World’s Biggest Shipping Company Voices Alarm at Trump Trade War
A.P. Moller-Maersk A/S, the owner of the world’s biggest container shipping line, is paying particular attention to noises coming from the United States that suggest the new administration is moving closer to a trade war with China.
February 8, 2017Maersk Slumps as It Unveils Second Loss Since World War II
A.P. Moller-Maersk A/S unexpectedly lost money in 2016 as Denmark’s biggest company wrote down the value of some of the energy assets it plans to split off.
February 8, 2017Maersk, Alibaba Partner to Offer Online Ship Booking
Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.