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Overall in Q1, EBITDA increased to $4 billion from $1.5 billion year on year and EBIT to $3.1 billion from $552 million compared to same quarter last year.

Maersk reports 166% EBITDA, 30% revenue YoY growth in Q1 2021

5 May 2021 6:06 PM IST

May 5, 2021: A.P. Moller - Maersk reported strong earnings and growth momentum across all its businesses in ocean, port services and logistics in the...

This new rail service runs from the Garhi Harsaru Inland Container Depot (ICD) in Gurugram to APM Terminals Pipavav Port for exports and returns with import cargo.

Maersk launches Gurugram-Pipavav dedicated automotive rail service

20 April 2021 3:42 PM IST

April 20, 2021: In response to the needs of the automotive sector, Maersk India has launched the first Automotive Express whose first run was...

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 5:55 PM IST

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 4:45 PM IST

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 3:44 PM IST

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...

Ryan Best will assume responsibility in the leadership team of Maersk West Central Asia starting April 2021.

Maersk appoints new regional head of logistics in West Central Asia

1 Feb 2021 12:52 PM IST

February 1, 2021: Maersk has appointed Ryan Best as new regional head of logistics & services for West Central Asia (WCA) effective April 2021.