JULY 8, 2015 — Maersk Line has signed a $1.1 billion newbuilding contract with South Korean shipbuilder Hyundai Heavy Industries covering construction of nine 353 m, 14,000 TEU containerships. The agreement includes
JULY 7, 2015 — Esbjerg, Denmarked, headquartered offshore safety and support specialist Esvagt is getting new owners. Two international infrastructure investors, 3i Infrastructure plc and AMP Capital, are acquiring the company for
JUNE 2, 2015 — Maersk Line today signed a newbuilding contract with Daewoo Shipbuilding & Marine Engineering (DSME). The order is for eleven giant, second generation Triple-E container vessels with a capacity
MAY 13, 2015 — Maersk Group delivered a first quarter profit of $1.6 billion ($1.2 billion in the equivalent 2014 quarter) positively impacted by a $223 million after tax gain from the
APRIL 30, 2015 — Details are now emerging about the Iranian court case that led to the April 28 seizure of the Marshall Islands registered containership Maersk Tigris by units of Iran’s
APRIL 29, 2015 — Maersk Line, the charterer of Maersk Tigris, the containership forced to dock in Bandar Abbas yesterday after shots were fired by an Iranian patrol vessel, said today that
APRIL 28, 2015 — The U.S.Navy responded this morning after an Iranian Revolutionary Guard Corps Navy, or IRGCN, vessel fired shots across the bridge of a Marshall Islands flag containership and subsequently
MARCH 10, 2015 — A section of the Houston Ship Channel remained closed today following yesterday’s collision at Morgan’s Point between the Carla Maersk, a 600-foot chemical tanker, and the Conti Peridot,
FEBRUARY 25, 2015 — Helped by a higher than expected Maersk Line profit of $2.3 billion, A.P. Møller – Mærsk A/S today reported a 2014 profit of $5.2 billion (compared with $3.8
JANUARY 29, 2015 — Japan’s Imabari Shipbuilding Co., Ltd. said today that it has secured orders for eleven 20,000 TEU containerships. They will measure about 400 m x 59 m and will