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Last week, Maersk management announced that the company was suspending its share buyback program and cutting its dividend by 88%, signaling the end of an era when managing and deploying an ...
A.P. Moller-Maersk, parent of shipping line Maersk, said it has bought back almost $600 million of a total planned $1 billion worth of its own shares in the first phase of a purchase program.
Shipping giant Maersk, widely regarded as a barometer of global trade, reported preliminary underlying earnings before interest, tax, depreciation and amortization (EBITDA) of $2.71 billion for ...
[Stay on top of transportation news: Get TTNews in your inbox.] A.P. Moller-Maersk A/S, the Danish container giant, lowered its forecast for the global transport market rattled by President Donald ...
Global shipping giant Maersk will restart operations in the Red Sea after suspending activity there following attacks by Iran-backed Houthi rebels on commercial vessels. The Danish company ...
Global shipping giant A.P. Moeller-Maersk on Friday outlined plans to lay off at least 10,000 staff in a desperate bid to cut costs following a collapse in its third-quarter revenues.
To help ease the transport portion of that equation, Danish shipping giant Maersk is undertaking a transformation that provides a prime example of the power of computing at the edge. Gavin ...
A.P. Moller Maersk A/S raised its profit forecast for this second time this year after congestion on trade lanes boosted global freight rates, creating an “exceptional market” for transport ...
Maersk has imposed a 48-hour delay on its vessels moving through the Red Sea, following an attack on one of its merchant ships by Iranian-backed Houthi fighters based in Yemen. The US military ...
Shipping giant A.P. Moller-Maersk A/S is in the process of securing 50-60 vessels as part of its fleet renewal program, including ships that will be able to run on liquefied natural gas ...
Maersk and Havas Business have won the Media category at The Drum Awards for B2B. Here is the award-winning case study. Check the award-winning campaign here. Maersk, one of the oldest shipping ...