maersk News Updates

Business, Logistics

Maersk May Target Hanjin, Hyundai in New Acquisition Strategy

A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new vessels and will instead try to grow through acquisitions, is targeting South Korea’s two biggest shipping firms, according to Jefferies International Ltd.

September 26, 2016
Business, Logistics

Maersk Ends Megaship Building Era With New Acquisition Plans

The owner of the world’s largest container shipping line will stop ordering newly built vessels and instead pursue takeovers in an industry that has been plagued by overcapacity for almost a decade.

September 23, 2016
Business, Logistics

Maersk to Split Group Into Separate Transport, Energy Companies

A.P. Moeller-Maersk A/S will split into separate transport and energy businesses as Denmark’s biggest company moves ahead with an historic shake-up of the conglomerate.

September 22, 2016
Business, Logistics

Maersk Exploring All Options as Report Points to 2-Way Split

A.P. Moeller-Maersk A/S said it's still considering several options in its strategic review after a local newspaper reported that the Danish conglomerate was exploring a two-way split into an energy and a transport company.

August 19, 2016
Business, Logistics

Analysis: Maersk's Sinking Feeling

It's a sign of stunted investor expectations when an 89% slide in quarterly profit triggers a 3% share price jump.

August 17, 2016
Business, Logistics

World’s Biggest Shipping Firm Warns Against US Protectionism

A. P. Moeller-Maersk A/S, a Danish conglomerate that owns the world’s largest container shipping company, is voicing concern as a potential shift in U.S. policy threatens to reduce global trade.

August 16, 2016
Business, Logistics

Hyundai Merchant to Join Maersk Alliance

Hyundai Merchant Marine Co. will join the world’s biggest shipping alliance, meeting all conditions imposed by creditors as the company seeks to reduce debt after years of weak global demand caused losses.

July 19, 2016
Business, Logistics

Maersk Chairman Says ‘Strategic Options’ Include Company Split

A.P. Moeller-Maersk A/S replaced its CEO as the owner of the world’s biggest shipping company explores a number of “strategic options” that may include splitting up its operations.

June 23, 2016
Business, Logistics

Maersk Earnings Fall, Hurt by Weaker Ocean Freight Rates

Danish firm Maersk Group, owner of the largest ocean carrier, earlier this month reported first-quarter earnings plummeted nearly 90% to $224 million, weighed down by an even greater profit decline at Maersk Line due to downward pressure on container freight rates.

May 9, 2016
Business, Logistics

World's Biggest Shipping Company Pours Billions Into Expansion

The world’s biggest shipping company is taking advantage of low industry prices to build its business across units.

April 6, 2016