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a-p-moller-maersk

Maersk Upgrades Forecast on Q3 Results

Danish shipping giant A.P. Moller - Maersk said higher freight rates coupled with increasing container volumes led to improved third quarter revenue and profit.Maersk reported growth across its businesses, primarily driven by Ocean, while both Terminals and Logistics and Services also contributed to improved earnings. Consolidated revenue increased 30 percent to US$15.8 billion, while operating profit reached US$3.3 billion, compared to US$538 million for the third quarter of 2023.The strong ... [+]

Maersk Upgrades 2024 Profit Forecast

A.P. Moller - Maersk has upgraded its full-year guidance for 2024, due to a third quarter operating profit of US$3.3 million, based on preliminary unaudited figures, the shipping giant said Oct. 21.APMM now expects full-year 2024 operating income of US$5.2 billion to US$5.7 billion, up from US$3 billion to US$5 ... [+]

Innovative Alette Maersk Calls Pier 400

The Alette Maersk, Danish shipping line A.P. Moller - Maersk’s new methanol-enabled containership, arrived Aug. 27 at Pier 400 in Los Angeles on its maiden voyage this August.Pier 400 – one of eight APM Terminals locations globally taking part in a ground-breaking electrification pilot – is exploring the best use ... [+]

A.P. Moller – Maersk continues the record streak with strong Q3 results

A.P. Moller - Maersk (Maersk) delivered strong results in Q3 2022 with higher earnings in its three main businesses; Ocean, Logistics & Services and Terminals, compared to the same quarter last year. Revenue increased by 37%, and both EBITDA and EBIT increased around 60% compared to Q3 2021. Continued momentum ... [+]

A.P. Moller – Maersk completes acquisition of LF Logistics

Moller - Maersk (Maersk) has completed its acquisition of LF Logistics, a Hong Kong-based contract logistics company, with premium capabilities within omnichannel fulfilment services, e-commerce, and inland transport in the Asia-Pacific region. As consequence, LF Logistics will be rebranded to Maersk.“I am thrilled to welcome LF Logistics to Maersk. Maersk ... [+]

A.P. Moller – Maersk completes acquisition of Senator International

A.P. Moller - Maersk (Maersk) has closed on its acquisition of Senator International, a well-renowned global company in freight forwarding.Senator brings to Maersk a strong organization and a well-developed airfreight network comprising its own controlled flights and long-term partnerships with best-in-class airlines, a well-established full container load (FCL) and less ... [+]

A.P. Moller – Maersk announces new management of APM Terminals

A.P. Moller - Maersk announces that Henriette Hallberg Thygesen, Executive Board Member, will be appointed as new Chair for APM Terminals, and Keith Svendsen, currently COO in APM Terminals, will be appointed CEO of APM Terminals. The change follows the decision of Morten Engelstoft, Executive Board Member and current CEO ... [+]

A.P. Moller – Maersk reports record earnings

A.P. Moller - Maersk (Maersk) delivers record earnings for 2021, which was an exceptional year with focus on mitigating supply chain risks for customers while strengthening the integrated logistics offering. In 2021, revenue was up 55% to $61.8 billion, EBITDA tripled to $24 billion and free cash flow was $16.5 ... [+]

Maersk vessels live feed meteorologists

A.P. Moller - Maersk has in collaboration with the National Meteorological Service of Germany, Deutscher Wetterdienst (DWD), installed automated weather stations on 50 of its vessels. While crossing the largest oceans, the vessels transmit live data helping forecast weather and climate.In the largest project of its kind, A.P. Moller - ... [+]

A.P. Moller – Maersk enters partnership with Unilever

A.P. Moller - Maersk enters strategic partnership with Unilever on international logistics A.P. Moller - Maersk (Maersk) recently announced the signing of an international freight supply chain management partnership with Unilever effective from 2022.The four-year agreement will see the development and management of Unilever’s International Control Tower Solution – an operational ... [+]

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