Maersk’s Fuel Costs Set to Rise by USD 2 Bn from 2020 Sulphur Cap

The annual fuel bill of Danish shipping giant A.P.Moller Maersk is set to increase by USD 2 billion a year, at...

Danish shipping giant Maersk’s revenues could take a multi-million-pound hit following last week’s cyber attack

Maersk could take multi-million-pound hit following the disruption caused by a global cyber attack last week,...

Maersk’s new container route to diplomatically-isolated Qatar delayed

Last week, a number of states bordering on Qatar broke off diplomatic relations, closed their airspace and...

Report: EU Regulators to Clear Maersk’s Hamburg Süd Deal

The EU regulators will approve the acquisition deal between Danish shipping major Maersk Line and its German counterpart Hamburg Süd under a condition that the German carrier withdraws from certain trades, Reuters reports.

Moody’s places Maersk’s Baa1 rating on review for downgrade

Moody’s Investors Service has today placed on review for downgrade the Baa1 issuer rating, Baa1 senior unsecured rating and the (P)Baa1 medium-term note (MTN) program rating of Denmark-based shipping and oil company A.P. Møller-Mærsk A/S (Maersk).

NGO Shipbreaking Platform Slams Maersk’s Shipbreaking Plans

The NGO Shipbreaking Platform and Transport and Environment (T&E) have criticized Maersk Group’s decision to beach their end-of-life vessels in Alang, India, as the Danish shipping company aims to cut its ship recycling costs.