Maersk Launches USD 1.5 Bn Share Buyback Program
Mærsk has decided to initiate a share buy-back program of up to USD 1.5 billion.
read more →Maersk Secures USD 5 Bn Loans to Reach Green Shipping Target
Maersk has secured a new sustainability-linked revolving credit facility of USD 5 billion.
read more →Maersk Posts Higher Earnings, Expects Weak Start of 2020
Maersk managed to improve earnings and free cash flow in 2019.
read more →Maersk Buying Performance Team in USD 545 Mln Deal
Marsk is bolsterings its logistics and services with the acquisition of Performance Team.
read more →Maersk Tema Boarded by Pirates off Guinea, Crew Safe
Maersk Tema boarded by pirates while underway off the coast of West Africa on Friday, February 14.
read more →MSC, Maersk Partner Up with SM Line on Transpacific Route
Maersk and MSC, which together form the 2M Alliance, have found a new South Korean partner.
read more →Hamburg Will Not Lose Cargo due to Liner Service Changes
The Port of Hamburg is not expecting a lower container throughput caused by liner service changes.
read more →Maersk Ups Bunker Surcharge amid VLSFO Price Rise
Prompted by a price surge of VLSFO, Maersk has decided to increase its bunker surcharge.
read more →Maersk CEO: EU Antitrust Rules Hurt Firms’ Competitiveness
Strict competition rules in Europe prevent the creation of EU giants that would compete with US and Chinese rivals.
read more →Hapag-Lloyd Inks Space Charter Deal with Maersk and MSC
Hapag-Lloyd has signed a space charter agreement with the members of the 2M Alliance.
read more →Maersk Targeted in Petrobras Bribery Investigation
Maersk being investigated by Brasilian authorities over suspected involvement in the Petrobras bribery scandal.
read more →Clerc Takes Over as CEO of Ocean and Logistics at Maersk
Maersk appointed Vincent Clerc as CEO of Ocean and Logistics.
read more →OceanPro Concludes 2nd, Unveils 3rd Cohorts of Tech Startups
Maersk’s startup accelerator OceanPro announced a successful conclusion of its second cohort of tech startups.
read more →Maersk Kicks Off Office Workforce Cuts
Workforce reductions will occur both in and outside Denmark.
read more →Maersk Invests in Danish Startup Onomondo
Maersk Growth introduces its first Danish investment, Onomondo.
read more →Former Maersk COO Toft Joins MSC as CEO
Toft joins MSC after spending the past 25 years at Maersk.
read more →Maersk’s Operating Results Up despite Lower Container Demand
The company delivered strong free cash flow and a return on invested capital of 6.4%, according to Maersk CEO.
read more →Maersk’s Søren Toft Leaves, Company Looking for New COO
The responsibilities as Chief Operating Officer will in the interim be taken on by Søren Skou.
read more →Maersk Invests in Return Logistics Start-Up ZigZag
ZigZag helps retailers to reduce the cost and complexity of managing returns with its software and functionality.
read more →Maersk to Pilot Battery System on 4,500 TEU Boxship
A containerized 600 kWh marine battery system will be installed on board the 4,500 TEU Maersk Cape Town.
read more →Industry Coalition Launched to Develop Low-Carbon Fuel
Shipping companies A.P. Moller-Maersk and Wallenius Wilhelmsen team up with clients to form the LEO Coalition.
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