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Maersk Q3 EBIT up almost 5 times to $6bn, maintains 2021 outlook
2 Nov 2021 4:19 PM ISTDenmark-based A.P.Moller-Maersk, the world's largest container carrier, today reported a 68 percent increase in Q3 revenue to $16.6 billion while EBIT...
Maersk buys German airfreight company Senator for $644 million
2 Nov 2021 1:30 PM ISTDenmark-based A.P. Moller - Maersk, the world’s largest container shipping company, today announced the acquisition of German air-based freight...
Maersk to invest $136 mn over 25 years for logistics park in Saudi
1 Nov 2021 12:50 PM ISTA. P. Moller - Maersk signed an agreement with Saudi Ports Authority “Mawani” committing to an investment of $136 million (510 million Saudi Riyals)...
Carriers' schedule reliability still poor; Maersk does well
29 Oct 2021 2:24 PM ISTMaersk was once again the most reliable top-14 carrier in September 2021 with a schedule reliability of 44.2 percent, followed by Hamburg Süd with...
Maersk to sell its reefer container manufacturing business to CIMC
28 Sept 2021 7:30 PM ISTThe container logistics company A.P. Moller - Maersk (Maersk) signed an agreement on Monday (September 27, 2021) to sell its reefer manufacturer,...
China now adds to container freight woes
27 Sept 2021 5:13 PM ISTThe supply line crisis hitting the global economy is now facing a new crisis - almost 150 ships are anchored around key ports in China - Shanghai &...