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.
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.
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
By Per Funch-Nielsen, Director, AuctionConnect The pathway for decarbonization in the shipping industry has been laid out by the IMO, providing clear objectives and checkpoints along the way. The global industry regulator
While most of the focus on six 9,000 TEU containerships ordered by Maersk at China’s Yangzijiang Shipbuilding has been on the fact that they are methanol-fueled, the ships also feature a range
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
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
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 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
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
By Sabrina Brigance, managing director marine practice, Hylant On March 26, 2024, tragedy struck the Francis Scott Key Bridge in Baltimore, Md., as it collapsed following a devastating allision with the Singapore-flagged