Maersk has a strong first quarter, but what’s ahead?
For the first quarter of 2025 A.P. Moller – Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago.
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Red Sea woes help Maersk achieve third-best financial year
Red Sea woes have had the effect of blotting up container capacity and one of the largest containership operators of all, A.P. Moller – Maersk, reports strong financial results for 2024 with
MAN completes Maersk Halifax methanol retrofit
PrimeServ, MAN Energy Solutions’ after-sales division, has completed the world’s first retrofit of the engine of a very large container vessel, the Maersk Halifax, to dual fuel methanol operation. The 15,000 TEU
Maersk orders 20 LNG dual fueled containerships
While Maersk may have started the momentum towards green methanol as a marine fuel, its concluding batch of orders placed under its fleet renewal plan announced in August cover 20 LNG dual
Maersk Tankers places world’s largest yet suction sail order
In what will be the world’s largest deployment of suction sales to date, Maersk Tankers is to fit bound4blue eSAILs on five of its MR vessels, Each of the five tankers will
Maersk signs long-term bio-methanol deal with Chinese supplier
With seven methanol dual-fuel ships already in service and more to follow, Maersk continues to line up new green fuel sources. It has now entered into a long-term bio-methanol offtake agreement with
Maersk joins nuclear powered containership study
Maersk is keeping all its green propulsion open, including green methanol, bio-LNG and, maybe at some future date, nuclear. It has signed a joint develop project agreement that sees it join Lloyd’s
Maersk Line Limited reaches settlement in whistleblower case
As part of a settlement with the U.S. Department of Labor in a whistleblower case, Maersk’s U.S.-flag subsidiary, Maersk Line Limited is to change its safety reporting policies and compensate a seaman
DOF Group in $1.1 billion agreement to acquire (most of) Maersk Supply
Goodbye Maersk Supply, hello Maersk Offshore Wind … and a bigger DOF Group fleet. Maersk Supply Service, which is a subsidiary of A.P. Moller Holding, announced on Tuesday that it is forming
Houthis in failed attack on U.S.-flagged Maersk Yorktown
After a period with few reports of Houthi activity, the Iranian-backed group has resumed its targeting of merchant shipping, with Al Arabiya and other regional news outlets quoting the Houthi’s military spokesman