A.P. Moller-Maersk

Maersk To Cut 10,000 Jobs, Sees Weaker Full Year Profit As Shipping Demand Wanes

Shipping group A.P. Moller-Maersk recently reported a steep drop in profit and revenue in the third-quarter, and said it would cut 10,000 jobs as it b...

Maersk Warns Of Slower Demand For Container Shipping

Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand for shipping containers by sea this year prompted by muted economi...

Some Ocean Shipping Rates Collapsing, But Real Price Relief Is Months Away

Prices in the most volatile segment of ocean shipping are collapsing.

Hapag-Lloyd CEO Sees Bounce In Shipping Demand As Short-Lived

Germany's Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months.

Maersk Orders Eight Carbon-Neutral Vessels From Hyundai Heavy

A.P. Moller-Maersk said on Tuesday it had ordered eight vessels which are able to run on carbon-neutral methanol to accelerate the decarbonisation of its f...

Unilever, Danone And Others Team Up To Combat Global Carbon Emissions

Unilever, Danone, A.P. Moller-Maersk, Microsoft, Nike and Starbucks are among the industry titans from various sectors that are teaming up to help business...

Shipping Firm Maersk Says Q2 Demand Beats Initial Expectations

A.P. Moller-Maersk, the world's top container shipping firm, said on Wednesday that 'market demand was developing more favourable than originally expected'...