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.

10 Jul 2014
With the body of the failed P3 Network still warm, the world's top two carriers have announced a new global agreement.
17 Jun 2014
China’s rejection of the P3 Network is a blow to Maersk Line, which had expected the global container ship alliance to produce large savings, analysts say.
17 Jun 2014
The P3 Network has been scrapped after China’s Ministry of Commerce today turned down the vessel-sharing agreement proposed by the world’s top three carriers, Maersk Line, Mediterranean Shipping Co. and CMA CGM.
Ocean Carrier Rate Revision Roundup for June 13
13 Jun 2014
Multiple container lines have planned general rate increases in various trade routes to take effect in July...
06 Jun 2014
Despite recent improvements, global container lines’ schedule reliability and on-time container delivery have been worse every month so far this year versus last year.
Ocean Carrier Rate Revision Roundup for June 6
06 Jun 2014
Numerous container lines have planned general rate increases in various trade routes to take effect July 1, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
06 Jun 2014
APM Terminals disputes suggestions that sister carrier Maersk Line benefits from lower terminal handling costs because of the companies’ common ownership by Maersk Group.
05 Jun 2014
Maersk Group says it completed a $5.1 billion syndicated revolving credit facility to replace loans maturing in 2015, reducing its financial costs.
04 Jun 2014
Maersk Line said it intends to raise rates on shipments between the Mediterranean and North America, beginning July 1.
04 Jun 2014
Maersk Line is denying claims that its profits are inflated because it gets a discount from its Maersk Group sister company APM Terminals, a major global terminal operator.
28 May 2014
The following excerpt from Culture shock in Maersk Line, the new book by maritime industry analyst Lars Jensen, CEO & Partner at SeaIntel Consulting, discusses the situation today at the world’s No. 1 container carrier.
28 May 2014
Maersk Line says it decided to defer the launch of the P3 Network until autumn to avoid disrupting services during the peak season.

Pages