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Splash 247

Maersk family to take greater control of the group
Splash 247
As the dust settles on tricky annual results and the announcement of a new chairman of the group, it has emerged that the Maersk family intends to take parts of the group private and to have a greater input in the day-to-day running of the company, one ...
McKinney-Moeller family eyes active management at Maersk as profits plummetCampden FB

all 3 news articles »


AP Moller-Maersk foundation notes need for diversification
American Shipper (subscription)
While A.P. Moller-Maersk has plans to narrow its focus to transportation and logistics, the foundation that owns a controlling stake in the company will move in its own direction, Ane Maersk Mc-Kinney Uggla said in the company's most recent annual ...

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Bloomberg

Maersk Slumps as It Unveils Second Loss Since World War II
Bloomberg
A.P. Moller-Maersk A/S unexpectedly lost money in 2016 as Denmark's biggest company wrote down the value of some of the energy assets it plans to split off. Maersk shares fell as much as 7.1 percent as the Copenhagen-based conglomerate reported a ...
Maersk slumps to only its second annual loss in seven decadesFinancial Times
Maersk cuts dividend as net loss widensMarketWatch
Moeller-Maersk Stock Falls Sharply After Impairments Swing Group in 2016 LossTheStreet.com
JOC.com -WorkBoat (blog) -Minneapolis Star Tribune
all 95 news articles »


Seeking Alpha

Maersk Line Increases Market Share During 2016's Tough Container Shipping Line Environment
Seeking Alpha
Despite the volume increase, operating revenues declined by nearly 13 percent driven by a 21 percent decline in average freight rates. The company's net operating profit after tax also turned negative for the year. Maersk Line expects the freight rate ...
Maersk Asia chief stays upbeat about industryHellenic Shipping News Worldwide
Maersk Expects Healthier 2017 for ShippersMaritime Professional
Maersk sees recovery in container shippingThe Peninsula Qatar

all 8 news articles »


Oceaneering extends ROV/survey relationship with Maersk
OSJ Magazine
Oceaneering International has signed a long-term agreement with Maersk Supply Service to provide eight work-class remotely operated vehicles (ROVs), survey and associated services – including subsea tooling, engineering, communication and data ...

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Maersk Group prepares for new seas in 2017, chairman resigns
Supply Chain Dive
A.P. Moller-Maersk's Chairman of the Board of Directors Michael Rasmussen will step down on March 28, 2017, as the group splits into two divisions in 2017. Former SAP CEO Jim Hagemann Snabe has been nominated to replace Rasmussen in March, ...



Seatrade Maritime News

Maersk and MSC add new Asia - Europe and transpac services
Seatrade Maritime News
Maersk said the new services would allow the line and MSC to accommodate incoming volumes from HMM, which has a cooperation agreement with 2M, and Hamburg Sud via slot purchase agreements. Neither HMM nor Hamburg Sud will operate vessels ...
New 2M services to handle HMM, Hamburg Süd volumesJOC.com
Maersk Line enhances Asia-Europe and Transpacific servicesHellenic Shipping News Worldwide
Maersk Line introduces two new 2M servicesContainer Management
www.breakbulk.com -Port Strategy
all 7 news articles »


Bloomberg

Maersk Says Sanity Is Returning to Shipping as Freight Rates Gain ...
Bloomberg
The bankruptcy of South Korea's Hanjin Shipping Co. and a consolidation in container shipping industry will pave the way for a better 2017 for the industry, ...

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Bloomberg

Maersk APAC CEO Says Freight Rates Are Heading Upwards
Bloomberg
Maersk Line APAC CEO Robert van Trooijen discusses his outlook for shipping, merges and acquisitions and trade. He speaks on "Bloomberg Markets." (Source: Bloomberg). Most Recent Videos. JPMorgan's Bell Says Dollar Should Go a Bit Higher.



Khaleej Times

Maersk Group chairman resigns amid company split | News ...
American Shipper (subscription)
Michael Pram Rasmussen, chairman of the board of directors of Danish shipping conglomerate A.P. Møller - Mærsk A/S, is stepping down from his role, effective ...
Loss forces Maersk to play safe - Khaleej TimesKhaleej Times
Maersk posts heavy loss in 2016 chairman to step down | MENAFN ...MENAFN.COM

all 3 news articles »

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