A.P. Moller-Maersk Group

09 Jul 2020
For so-called black swan events such as COVID-19, there’s little chance that logistics managers will have had the foresight to have a traditional plan ready for a pandemic or disruption caused by an unexpected natural disaster.
08 Feb 2017
Container line consolidation and challenges in key markets put a dent in profit at APM Terminals.
08 Feb 2017
After posting a $376 million annual loss, Maersk Line believes rising freight rates in 2017 will have a dramatic effect on its profit.
13 Dec 2016
Maersk “will be like one company” offering container shipping, logistics, and port services.
02 Nov 2016
Damco posted another profit in the third quarter.
While traffic through APM Terminals facilities such as Pecem, Brazil, pictured, inched up in the third quarter, profit fell, albeit at a slower rate than the first two quarters of 2016.
02 Nov 2016
Weak market conditions and liner network changes contributed to a 28 percent year-over-year fall in third-quarter underlying profit at APM Terminals.
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.
Damco's new CEO Klaus Rud Sejling has held positions within the Maersk Group across its transportation and energy divisions.
27 Sep 2016
Damco has named a long-time executive as its new CEO as the company’s parent Maersk Group reorganizes itself.
APM Terminals has a new leader for the first time in 12 years.
22 Sep 2016
Morten Engelstoft is to take up the position of CEO of APM Terminals as part of a set of changes in the executive management of the Maersk Group.
22 Sep 2016
Maersk Group will be reorganized into two separate divisions, with the synergy efforts expected to deliver cost savings of around $600 million over the next three years.
The synergies APM Terminals provides for Maersk Line make it unlikely the Maersk Group will choose to divest itself of its terminal operating arm.
17 Aug 2016
Maersk will announce the results of its ongoing strategic and structural review of group operations at the end of September.
Damco's strong performance could renew speculation that the Maersk Group will try to sell the unit as the company is in the middle of a strategic and structural review.
12 Aug 2016
Damco’s recovery continued as it was the only Maersk Group unit to boost earnings in the second quarter of 2016.
12 Aug 2016
Volumes were up, but profit was well down at APM Terminals in the second quarter.
12 Aug 2016
All-time low rates dragged Maersk Line to a worse-than-expected loss.
11 Aug 2016
Analysts do not expect Maersk Line to come out of the second quarter in the black.
06 Jul 2016
Maersk's container shipping business is facing freight rate volatility and downward pressure on primary and secondary routes
28 Jun 2016
The not-so-unexpected announcement from the Danish container line was made just as ports, marine terminals and container lines are coming closer to creating a system that will use pre-existing weighing processes to alleviate the burden on U.S. exporters.
24 Jun 2016
World's biggest shipping company to focus on container transport.
23 Jun 2016
Soren Skou, the chief executive officer of Maersk Line, was Thursday appointed CEO of the parent Maersk Group.
14 Jun 2016
Damco, the global logistics and freight forwarding group, Tuesday launched container weighing services.
03 Jun 2016
Maersk Line and Russian aluminum producing giant Rusal have signed a three-year deal for the transportation of thousands of TEUs annually.
04 May 2016
Damco profit jumped triple digits in the first quarter.
04 May 2016
Every major metric of performance for APM Terminals suffered in the first quarter.
04 May 2016
Speculation on the makeup of a new container shipping alliance is mounting following the unveiling of the Ocean Alliance last month, with Maersk Group CEO Nils Andersen chipping in with his views on the subject.
03 May 2016
Maersk Line is poised to disclose its first-quarter results after a bruising three months.
11 Mar 2016
The U.S. government has fined two Maersk Group units a total of $3.66 million for documentation violations related to a defense contract the company described as “the submission of improper invoices.”
11 Feb 2016
APM Terminals says it continues to pursue an independent course in seeking carriers’ business while providing corporate affiliate Maersk Line with dedicated capacity at three transshipment centers.
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.
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.