Maersk Signs Deal With China, Korea For 20 Brand New Ships
Danish shipping giant,Maersk has signed agreements for 20 newbuildings, totalling 300,000 TEUs in capacity, with yards in China and South Korea for delivery in 2028-2030.
The…
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MaerskLine
ICTSI, Maersk In Legal Tussles Over Durban Terminal Concession Award In South Africa
Filipino billionaire businessman Enrique Razon has taken Maersk /APM Terminals to task over attempt to legally overturn an award to run a container terminal in Durban.
The…
Maersk Line Sees Red In Q4 2023 With $537 million Loses
Danish shipping giant , Maersk Line slumped to a fourth quarter loss and forecasts at best to breakeven in 2024.
Maersk reported a loss of $537 million at an EBIT level for Q4 2023 driven…
DIVERSION: CMA CGM, Maersk, Others Join MSC To Abandon Red Sea Route Over Terror…
MSC, CMA CGM, Maersk, and Hapag-Lloyd have all paused their vessels transiting the Red Sea and are rerouting via the Cape of Good Hope as Houthi militia step up attacks on commercial…
Maersk , MSC Announce Recycling Of Older Container Vessels With India Firm
In a significant move towards sustainable ship recycling practices, global shipping giants Maersk and MSC have announced the retirement of older container ships, a decision that has been…
WHISTLEBLOWER: Maersk Line Ordered To Pay $700,000 To Sacked Seafarer
Maersk’s American unit has been ordered to pay over $700,000 to an ex- employee who was fired after complaining about vessel safety to the US Coast Guard.
In December 2022, a chief mate…
Maersk Completes Sale Of Logistics Assets In Russia
A.P. Moller - Maersk has completed the sale of the last of its land-based assets in Russia as part of its commitment announced 11 months ago to end its business in the country.
The…
Unions Canvass Maersk’s Return To Negotiating Table, As Australian Court Blocks…
Unions have welcomed a strong rebuke of Maersk-owned Svitzer Australia by the Fair Work Commission after the court blocked the company’s planned lockout of its entire Australian workforce…
APM Terminals, Maersk Synergize To Boost Efficiency Through Fixed Berthing Windows
A remarkable asset turn and operational efficiency improvements have been achieved over the past quarters on the West Africa network with Fixed Berthing Windows (FBW) being one of the key,…
MWUN Declares 7-Day Ultimatum For APMT Apapa To Reverse Anti Labour Activities
Sequel to the internal security outsourcing to a foreign firm,the Maritime Workers' Union of Nigeria (WMUN) has declared seven days ultimatum for AP Moller Terminal (APMT) , Apapa to reverse…