Raising the specter of a labor dispute paralyzing container traffic at U.S. ports on the East and Gulf coasts, the International Longshoremen’s Association (ILA) on June 10 announced it had suspended talks
Within weeks of announcing it was to acquire the nine Jones Act tankers owned by Oslo-listed AMSC ASA (the company formerly known as American Shipping Company), Metairie, La., headquartered Maritime Partners LLC
Maersk Line parent company A.P. Møller – Mærsk A/S reports that Chief Operating Officer Søren Toft has decided to pursue an opportunity outside of the company and will leave effective today. The
MAY 29, 2018 — Maersk Line selected classification society ABS to lead a recent workshop to identify and evaluate potential hazards posed on containerships from stowage of dangerous cargoes. The workshop assembled
NOVEMBER 7, 2017 – A.P. Møller – Mærsk A/S reported a third quarter loss of $1.5 billion, including discontinued operations, compared to a profit of $438 million in the same quarter of
AUGUST 16, 2017 — A. P. Moller – Maersk reports that second quarter grew by 8.4% to $9.6 billion year on year, mainly due to higher freight rates at Maersk Line. Underlying
JUNE 28, 2017 — In an update on its response to the Petya attack, issued at 22.55 CEST, Maersk Group said that “the issue remains contained and we continue to work towards
JUNE 28, 2017 — Despite many Maersk operations being hit by yesterday’s wave of ransom ware attacks the group said this morning that it had “contained” the issue and that “Maersk Line
MAY 11, 2017 — In line with expectations, A.P. Møller – Mærsk A/S reported a profit of $253 million ($224 million) with a return on invested capital (ROIC) of 3.5% (2.9%),in its
MAY 2, 2017 — The newest holder of the title “world’s largest containership,” the 20,568 TEU Madrid Maersk, made its maiden port call April 27 at the Port of Tianjin in China.
