The Business Times

Maersk

Companies & Markets

Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%

Maersk’s ability to thrive during the biggest attack on free trade in decades is the just the latest example of a seemingly negative global event that has ended up benefitting the shipping industry.
Transport & Logistics

Record short against Maersk backfires in trade-war defying rally

A view of the container vessel "A.P. Moller" as the global container shipping firm A.P. Moller-Maersk officially launches the dual-fuelled methanol container vessel as part of her maiden voyage from Asia to Europe, in Singapore, November 28, 2024. REUTERS/Tan Florence
Transport & Logistics

Shipping firm Maersk temporarily pauses Haifa port calls

A view of the container vessel "A.P. Moller" as the global container shipping firm A.P. Moller-Maersk officially launches the dual-fuelled methanol container vessel as part of her maiden voyage from Asia to Europe, in Singapore, November 28, 2024. REUTERS/Tan Florence
Transport & Logistics

Maersk cuts global container market outlook on tariff war

The reopening of Red Sea routes – expected at some point in the course of the year – could reduce container shipping demand by around 6 per cent.
Global Enterprise

Shipping profit boom evaporates on US tariffs, Red Sea reopening

Maersk's underlying earnings before interest, tax, depreciation and amortisation (Ebitda) came in at US$3.6 billion for the fourth quarter.
Transport & Logistics

Maersk eyes 4% market growth in 2025, uncertainty over tariffs and Red Sea

FILE PHOTO: Danish shipping company AP Moeller - Maersk names low-emission ship Antonia Maersk, which sails on green methanol, in Aarhus Harbor, Denmark August 9, 2024. Ritzau Scanpix/Mikkel Berg Pedersen via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. DENMARK OUT. NO COMMERCIAL OR EDITORIAL SALES IN DENMARK./File Photo
Transport & Logistics

Maersk could use 15-20% alternative fuels for its fleet in 2030

Maersk no longer go through the Red Sea on the Asia-Europe route because of the risk of attack by Huthi rebels.
Transport & Logistics

Shipping giant Maersk Q3 profit jumps six times to US$3 billion

Danish shipping company AP Moeller-Maersk's revenue was US$15.8 billion in third quarter, beating the US$14.4 billion forecast by analysts.
Transport & Logistics

Maersk raises guidance again as Red Sea attacks boost rates

Maersk, LR and Core Power will assess the regulatory feasibility and frameworks that would be needed for a container ship using a fourth-generation nuclear reactor to undertake cargo operations in Europe.
Transport & Logistics

Maersk agrees to study nuclear-powered container shipping

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