Maersk Line swung to a $204 million operating profit in the first quarter from a $599 million loss a year ago, its fourth successive quarter in the black, driven by cost savings, higher freight rates and a lower fuel bill that more than compensated for flat container volumes.
Maersk Line
16 May 2013
LONG BEACH, Calif. — As North American container ports compete fiercely for market share, it’s becoming clear that the winners will be those that reliably and efficiently handle mega-ships on the water and land side of the berths.
15 May 2013
CMA CGM, Maersk Line, Hamburg Süd, CSAV, China Shipping Container Lines and Hanjin will restructure their services between the Far East and South America’s east coast by launching three joint services in July.
15 May 2013
Maersk’s new 20-strong series of Triple E vessels are being built at Daewoo Shipbuilding and Marine Engineering’s Ogpo Bay yard on Geoje Island at a cost of $190 million each.
14 May 2013
Maersk Line will boost rates on its trade route from the Mediterranean to the Far East, effective June 1.
14 May 2013
Maersk Line will deploy the first 12 deliveries of its new Triple E container ships in its expanded Asia-Europe AE10 string. The first of the 20 ships in the series will make its maiden call at Busan on July 14.
09 May 2013
Maersk Line will increase rates for dry shipments on its trade from the Middle East and the Indian subcontinent to East Africa, starting June 1...
07 May 2013
Maersk Line Ltd. has purchased and is currently reflagging eight newer and larger container ships to upgrade the ocean transportation services provided to its U.S. military, government and commercial customers.
06 May 2013
Container lines CMA CGM, MSC, Maersk Line and Hamburg Süd have met to discuss the threat of piracy in the Gulf of Aden, the Indian Ocean and West Africa.
06 May 2013
South Korea’s Hyundai Heavy Industries today confirmed it has won a $700 million order to build five of the world’s largest container ships for China Shipping Container Lines.
01 May 2013
Maersk Line and INTTRA signed a new multiyear contract that expands their collaboration.
29 Apr 2013
Maersk Line has hired Microsoft’s head of global retail sales and marketing as chief commercial officer of the world’s largest ocean carrier.
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