Maersk

supplychaindigital | April 22, 2016

A consortium comprising some of the world’s most substantial container operators, including Chinese Cosco Group and French CMA CGM, have will be forming a new shipping alliance to rival Maersk Line and Mediterranean Shipping Co. in the Asia-to-Europe ocean trade area. The formation, which will be called the Ocean Alliance, will include Orient Overseas Container Line and Taipei-based Evergreen Marine. Subject to regulatory approvals from the US, the EU and China, the Ocean Alliance eventual...

Maersk | May 05, 2016

A.P. Moller-Maersk returned to profit at its main container shipping business in the first quarter, putting the cash rich company in a strong position as the struggling industry consolidates. The group’s shares were up by 5.6 percent at 1127 GMT on Wednesday after Maersk Line confounded expectations of a loss at the container shipping business as the sector grapples with a downturn brought on by overcapacity. Rates for shipping containers transporting anything from flat-screen TVs to sportswear ...

| May 24, 2016

In a bid to boost the logistics sector and its potential in Tamil Nadu, city-based Maersk Training has entered into an agreement with the CII-backed Logistics Skills Council (LSC) to train workers and provide skill development. Maersk Training will develop and deliver courses on topics such as handling dangerous goods and documentation in shipping......

Maersk | May 26, 2016

Maersk Lines, one of the world's leading shipping line has announced it won't be operating any longer in the port of Montevideo, Uruguay, because of logistic problems with the operations of its vessels......