Maersk Line

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.

19 Dec 2014
Carriers announced general rate increases that span into February this week, as spot rates around the globe respond to mid-December rate hikes. Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, jumped a cumulative 35.8 percent this week.
05 Dec 2014
Maersk Line is enhancing its Chennai Express Express, adding a fortnightly call at India’s Kattupalli International Container Terminal.
03 Dec 2014
Maersk Line and Mediterranean Shipping Co. today unveiled their finalized east-west network for their 2M Alliance, just months before the alliance is slated to begin operating.
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.
02 Dec 2014
Ongoing congestion at the ports of Los Angeles and Long Beach continued to hurt the schedule of reliability of carriers calling the largest port complex in the Americas last month, according to SeaIntel Maritime Analysis’ latest Global Liner Performance Report.
28 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in November, December and January, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
26 Nov 2014
For the second time in two weeks, three carriers are reversing their decision to implement port congestion surcharges, though the reason wasn’t immediately clear.
26 Nov 2014
With Asia to Europe trade showing growth that far exceeds the region’s GDP growth this year, and forecasts call
24 Nov 2014
West Africa trade still points to a region with growth potential, despite a nearly 30 percent drop in exports caused by the Ebola outbreak, Drewry and carrier executives say.
24 Nov 2014
Maersk Line’s chief executive said the carrier would settle for lower margins if this meant more of its competitors were profitable, reflecting concerns that while the largest carriers are profitable the rest of the industry is struggling to keep pace.
24 Nov 2014
CMA CGM’s net income almost tripled in the third quarter as the French carrier’s container volume surged to an all-time high. The results support the trend in which the largest carriers in the world are also the most profitable.
Ocean carrier rate revision roundup for Nov. 21
21 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.