The parent of container liner operator Maersk turned in quarterly revenue and profits higher than a year ago as attacks on ...
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Danish shipping group A.P. Moller-Maersk said on Thursday it expects strong demand for shipping goods around the globe to ...
AP Moller-Maersk already cut 6,500 roles earlier this year as part of "rigorous cost containment measures" but said more redundancies were needed. The firm, which transports goods for major ...
A.P. Moller-Maersk raised its annual financial outlook for the fourth time this year after posting a surge in third quarter revenue and underlying earnings amid strong freight demand and tight ...
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...
This year the two shipping companies confirmed that the so-called 2M alliance will end in 2025 Mediterranean Shipping Company and AP Møller-Maersk that since 2015 set aside their rivalry and ...
Maersk now sees underlying earnings before interest, tax, depreciation and amortization of $11 billion to $11.5 billion this year, topping both its prior forecast range and the average $10.1 ...
Maersk is now a focused global shipper and logistics company after divesting its energy and drilling, banking, and towage businesses in recent years. It is investing heavily to build the logistics ...
COPENHAGEN - A Maersk container ship has been denied entry to the Spanish port of Algeciras, the Danish shipping company said on Nov 9, denying that the vessel is transporting arms to Israel.
Maersk said this resulted in 14% higher bunker ... The company opened its largest Middle East logistics park in Jeddah, Saudi Arabia, and added a new Boeing 777F aircraft to its fleet.