Maersk

A. P. Moller Maersk (OTC:AMKBY), the world’s largest container shipping company, has announced that the ongoing disruptions in the Red Sea will significantly impact the industry’s capacity in the second quarter. What Happened: The disruptions, caused by attacks from Iran-aligned Houthi...

The U.S. has reclassified the Yemen-based Houthi rebels as terrorists following their second attack on an American-operated ship in the Red Sea. This move is expected to have a significant impact on global trade. What Happened: The U.S. has re-added the Houthi rebels to its list of terrorist...

The escalation over the Red Sea continues to impact shipping for major companies and industries around the world after a U.S.-controlled tanker transporting oil Thursday morning was seized. What Happened: Continued attacks on shipping vessels in the Red Sea will impact one of the largest automotive...

A.P. Møller – Maersk made a minority investment in electrofuels production company Prometheus Fuels on Thursday. Maersk is not putting all of its eggs in one basket when it comes to alternative fuels. The company is considering biodiesel, alcohols, lignin-enhanced alcohols and ammonia as potential...

A transload facility at Vancouver developed by Maersk and Canadian Pacific is open for business. The new Pacific Transload Express facility will bring "more speed and agility to demand fluctuations while also reducing demurrage and detention costs," Maersk touted Thursday. The facility opened Sept...

A.P. Møller – Maersk is putting more pieces of the puzzle in place to decarbonize its shipping fleet. Maersk Growth, a corporate venture arm of the company, on Wednesday invested in WasteFuel to produce green bio-methanol. This announcement follows two August agreements Maersk signed to build...

A.P. Moller – Maersk entered an agreement Tuesday with Hyundai Heavy Industries (HHI) to build eight large dual fuel container vessels, powered by carbon-neutral methanol or very low sulfur fuel oil.  The vessels are expected to save around 1 million metric tons of CO2 emissions annually. The dual...

It's no secret that the global supply chain is a little … congested. The whole business world found that out firsthand back in March through the infinitely meme-able Suez Canal blockage, but based on this laughably extensive string of status reports, there probably aren't many companies that were...

A.P. Moller – Maersk further bolstered its position in the e-commerce space on Friday when it announced the acquisition of Visible Supply Chain Management (Visible SCM), a U.S.-based business-to-consumer, e-commerce logistics, and parcel delivery company. Denmark-headquartered Maersk said the...

As the saying goes: "Never let a good crisis go to waste." Before COVID struck, AP Moller-Maersk embarked on a transformation to become a global end-to-end logistics provider. The pandemic created an unexpected and unprecedented surge in cargo demand — which Maersk is now using to accelerate its...

The Digital Container Shipping Association (DCSA) is continuing its efforts to make information sharing easier. On Tuesday the nonprofit specifically tackled ship-related information transparency with the publication of standards for the exchange of operational vessel schedules (OVS). The OVS...

AP Moller Maersk (Copenhagen: MAERSK-B), the largest container-line operator in the world, announced better-than-expected guidance for 2020, but that guidance has high downside risk due to the coronavirus. On Thursday, Maersk reported earnings before interest, tax, depreciation and amortization (...