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Maersk Q3 EBIT up almost 5 times to $6bn, maintains 2021 outlook

2 Nov 2021 4:19 PM IST
Denmark-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 IST
Denmark-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 IST
A. 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 IST
Maersk 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 IST
The 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 IST
The supply line crisis hitting the global economy is now facing a new crisis - almost 150 ships are anchored around key ports in China  - Shanghai &...
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