A.P. Moeller-Maersk

Container Rates Drop To Unsustainable Levels, Maersk CEO Says

The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk C...

Maersk To Use Rail To Bypass Panama Canal Amid Drought

A.P. Moller-Maersk will use trains to avoid the drought-hit Panama Canal for some of its vessels, the Danish shipping giant said as low water levels have c...

Hapag-Lloyd CEO Sees Bounce In Shipping Demand As Short-Lived

Germany's Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more...

Maersk CEO Expects 'Modest' Pick-Up In Trade For Holiday Season

A.P. Moller-Maersk's chief executive said he expects a "modest" pick-up in trade for the upcoming holidays this year amid concerns about the slow...

Shipping Group Maersk Triples Quarterly Profit Despite Lower Volumes

Shipping group A.P. Moller-Maersk has said that record-high freight rates boosted quarterly earnings in its third quarter, despite lower container volumes...

Maersk Hikes Outlook As Disruptions Push Up Shipping Rates

The world's biggest container shipping company A.P. Moller-Maersk lifted its full-year earnings outlook on the back of strong preliminary quarter...

Maersk To Announce Major Reorganisation, Job Cuts, Internal Email Says

Shipping group Maersk is due to announce job cuts as part of a major reorganisation, an internal email sent to Maersk employees shows. The reorganisatio...