The U.S. government has fined two Maersk Group units a total of $3.66 million for documentation violations related to a defense contract the company described as “the submission of improper invoices.”
Maersk Line Limited
10 Feb 2016
Maersk Group’s 2015 profit tumbled 82 percent to $925 million as record low freight rates and a write down in the value of its oil assets savaged the Danish shipping giant’s annual earnings.
21 Aug 2015
Maersk Line on Thursday resumed liner services to the Port of Tianjin after temporarily suspending calls to the world’s 10th busiest port after an explosion that devastated the port and surrounding areas.
03 Dec 2014
Maersk Line will close down the TP5 U.S.-flag service operated by its affiliate Maersk Line Ltd. on Jan. 15, its first step in a new strategy to eliminate unprofitable trans-Pacific services.
06 Nov 2014
Maersk Line Ltd., the U.S.-flag unit of Maersk Group, has paid $8.7 million to the U.S. government in a civil settlement of claims that the carrier submitted forged receipts for military shipments to Afghanistan.