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The appointment is both recognition of the role technology plays for the transformation of A.P. Moller %u2013 Maersk, and the strategic leadership capabilities of Navneet Kapoor.

Maersk appoints CTIO Navneet Kapoor to executive board

30 March 2021 12:25 PM GMT

March 30, 2021: The board of directors of A.P. Moller - Maersk have decided to appoint chief technology & information officer (CTIO) Navneet Kapoor to...

Furthermore, Maersk announces that all future owned newbuilt vessels will be able to operate on carbon neutral fuels.

Maersk to operate world’s first carbon-neutral vessel by 2023, not 2030

17 Feb 2021 11:15 AM GMT

February 17, 2021: Fast-tracked by advances in technology and increasing customer demand for sustainable supply chains, A.P. Moller - Maersk...

While the demand surge in the second half of year created supply chain bottlenecks, including vessel and container shortages, and led to higher rates that contributed approximately $1.5 billion to results,

Maersk reports 44% EBITDA growth to 8.2 billion in 2020

11 Feb 2021 10:14 AM GMT

February 11, 2021: Despite low volumes during most of 2020, A.P. Moller – Maersk’s profitability grew throughout the first nine months and ended the...

Launched in 2018, TradeLens now includes more than 175 organizations %u2013 extending to more than 10 ocean carriers and encompassing data from more than 600 ports and terminals.

CMA CGM, MSC complete TradeLens integration as foundation carriers

15 Oct 2020 12:50 PM GMT

October 15, 2020: Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) today announced they are now integrated onto...

Vincent Clerc, chief executive officer, ocean & logistics, A.P. Moller %u2013 Maersk.

Maersk to absorb Safmarine & Damco brands to simplify supply chains

1 Sep 2020 9:13 AM GMT

September 1, 2020: A.P. Moller - Maersk today announced its plan to integrate its container carrier brand Safmarine and Damco brand’s Air & LCL (Less...

The EBITDA margin increased to 18.9 percent from 14.1 percent in the same quarter last year.

Maersk reports 25% profit growth & 6.5% revenue drop for Apr-Jun quarter

19 Aug 2020 6:34 AM GMT

August 19, 2020: In the April-June quarter (Q2) of 2020, A.P. Moller – Maersk’s revenue decreased by 6.5 percent to $9 billion, driven by a volume...