Maersk Line

Maersk Line is the world’s largest container ship operator. Maersk Line is a unit of the A.P. Moller-Maersk Group, based in Copenhagen, Denmark, and with offices around the world. The group was founded as a shipping company in 1904.

A.P. Moller-Maersk’s container shipping subsidiaries — Maersk Line, Safmarine, MCC-Transport, Seago Line and Mercosul Line — operate nearly 600 vessels with a total capacity of more than 2.6 million TEUs (20-foot-equivalent units). Maersk operates the largest container ships in the world to date, with delivery of its 18,270-TEU Triple E vessels beginning this year with the Mærsk Mc-Kinney Møller.

Maersk Line has announced plans to join fellow major container lines Mediterranean Shipping Co. and CMA CGM, in the P3 Network, an alliance that will allow all three carriers to deploy their largest vessels in Asia-Europe trade, while deploying smaller vessels in Trans-Pacific and Trans-Atlantic trade, subject to regulatory approval.

07 Dec 2016
Maersk Line’s acquisition of Hamburg Sud will likely force it to sell its Brazilian flag operation Mercosul Line, which could open the door to CMA CGM or Mediterranean Shipping Co. to enter the closed Brazilian coastal shipping market.
07 Dec 2016
Global container lines found guilty of cartel practices in the Russian market are seeking a settlement with Russian authorities in an attempt to avoid multi-million dollar fines.
01 Dec 2016
Maersk Line ended weeks of speculation with an announcement that it had reached an agreement to buy Hamburg Süd.
30 Nov 2016
Fitch Ratings said Wednesday it expects Maersk Line to fulfill a long-anticipated takeover of a rival.
22 Nov 2016
Mediterranean Shipping Co. said Tuesday that it’s still discussing allowing Hyundai Merchant Marine into the 2M Alliance, in direct contrast to its alliance partner, Maersk Line, telling the market Friday that a formal membership is off the table.
18 Nov 2016
Hyundai Merchant Marine will not join Maersk Line and Mediterranean Shipping Co. in the 2M Alliance.
15 Nov 2016
Maersk Line has appointed company veteran Mike Fang as head of greater China.
04 Nov 2016
More evidence of shippers’ engaging in a “flight to quality” by favoring container lines perceived to be stable following the Aug. 31 Hanjin Shipping bankruptcy came from Maersk Line's third-quarter results released this week.
02 Nov 2016
Rising volume was not enough to offset a sharp fall in freight rates that dragged Maersk Line to a third-quarter loss of $116 million.
01 Nov 2016
Maersk Line will announce its third-quarter results on Nov. 2, the first set of financials by the world’s largest container line since CEO Soren Skou outlined a strategic review of the group in September.
20 Oct 2016
Maersk Line has resumed calls to Iran after a five-year hiatus.
19 Oct 2016
Maersk Line is ramping up its feeder operations at Kakinada Port, an emerging alternative cargo gateway on India’s east coast.