A.P. Moller-Maersk Group

10 Feb 2016
Damco posted a $19 million profit in 2015, reversing a 2014 loss of $293 million in what Maersk Group CEO Nils Andersen called “an early sign” that the forwarder’s two-year turnaround program is working.
10 Feb 2016
APM Terminals reported a 27.3 percent drop in net profit for 2015 as its container throughput declined by 5.9 percent because of divestments and weak volumes in some markets, parent A.P. Moller-Maersk Group said.
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.
23 Dec 2015
Maersk Line has promoted a long-time executive to chief commercial officer, promoted another to head its intra-Europe brand and tapped a global head of sales as part of restructuring at its Copenhagen headquarters in which 110 positions will be cut.
06 Nov 2015
Damco’s recovery gathered pace in the third quarter with the Maersk Group’s freight forwarding and logistics unit swinging to a $20 million profit from a $68 million loss a year ago.
06 Nov 2015
APM Terminals’ profit halved in the third quarter due to a sharp decline in imports of containers into oil-producing countries in West Africa, Russia and Brazil.
06 Nov 2015
Maersk Line's profit plunged 60 percent in the third quarter from a year earlier as rising overcapacity and lower cargo volumes depressed ocean freight rates to historic lows.
05 Nov 2015
Maersk Group will not make a major forward asset investment in Indonesia’s port or domestic shipping sector until the government addresses a range of investment concerns, according to the president director of Maersk Indonesia.
04 Nov 2015
Maersk Line today said it will eliminate “at least,” 4,000 jobs, reduce capacity and cancel options for six mega-ships in a bid to defend its leading share of a slowing ocean container market.
23 Oct 2015
The Maersk Group today slashed its 2015 profit outlook by $600 million due to a deteriorating global container shipping market.
22 Oct 2015
The Maersk Group today signed a letter of intent with the Indonesian government to improve the flow of cargo through the eastern port of Bitung and speed up maritime and economic development of the under-served region.
19 Aug 2015
Svitzer unveiled a new growth strategy targeting the Middle East, Africa and Asia as the Maersk group’s towage unit moves to lessen its dependence on the mature and over-supplied European and Australian markets.