ap-moller-maersk
AP Moller-Maersk says it has achieved growth across its businesses and financial results significantly above those of the previous year in its third quarter figures, published on 31 October. Its performance was primarily driven by Ocean, but Logistics & Services and Terminals also contributed through improved earnings with the third quarter bolstered by robust container demand and the continuation of the Red Sea situation. Higher freight rates and volume growth ...
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AP Moller-Maersk has launched an ‘Al Maha’ service between the Middle East and Europe, replacing its existing ME3 and ME4 routes. It will be operated by seven 8,500teu vessels with the rotation Tangiers-Port Said-Jeddah-Salalah-Jebel Ali-Doha-Dammam-Jubail-Jebel Ali-Duqm-Salalah-Jeddah-Port Said-Tangiers.
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AP Moller–Maersk (Maersk) reported a fall in revenue of 26% to US$14.2bn in the first quarter of 2023, in line with expectations. Continued destocking and easing of congestion implied lower volumes across all segments. EBITDA earnings decreased to $ 4.0bn from $9.1bn, and EBIT to $2.3bn from $ 7.3bn. The ...
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AP Moller-Maersk has signed a lease for a 685,000sq ft (63,000sq m) warehouse at SEGRO Logistics Park East Midlands Gateway.
The facility will be completed in June 2023 and is part of a 700-acre development by SEGRO. It includes the UK’s only inland freeport and a 50-acre rail freight interchange with ...
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AP Moller-Maersk (Maersk) has signed an agreement to divest its logistics sites in St. Petersburg and Novorossiysk to IG Finance Development. It follows the company’s decision in March 2022 to discontinue activities in Russia following its invasion of Ukraine. The 28,750sq m inland depot in Novorossiysk specialises in handling commercial ...
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AP Moller-Maersk said it “delivered extraordinary financial performance” in its 2022 results, with revenue up 32% to US$81.5bn, and EBIT earnings increased 57% to $30.9bn. This was driven by solid performance across all businesses during the abnormal market conditions in the first part of the year. However, as congestion eased ...
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AP Moller-Maersk has announced a new organisational structure and a new executive leadership team from 1 February, following the appointment of Vincent Clerc as chief executive on 1 January. The new structure is shaped around 15 roles and areas of responsibility and include Aymeric Chandavoine -president, Europe region; Ditlev Blicher, ...
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AP Moller-Maersk DP World Jebel Ali Port have entered a partnership through to collaborate on service delivery and work towards decarbonising logistics. The deal will give priority berthing for Maersk vessels and implement new processes at Jebel Ali Port in Dubai. Maersk’s customers gain real-time information relayed by DP World ...
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AP Moller-Maersk is to open a cold storage facility at Mawani’s King Abdulaziz port in Dammam, Saudi Arabia. The 13,300sq m facility will handle 168,000 pallet positions annually at Saudi Arabia’s second-largest port for refrigerated containers and will primarily handle frozen commodities such as poultry, meat, vegetables, confectionary processed food ...
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AP Moller-Maersk completed its acquisition of Danish project logistics forwarder Martin Bencher Group, on 2 January, for about US61 million. Founded in 1997, Martin Bencher is an asset-light company whose core capability is designing end-to-end project logistics solutions. It is headquartered in Aarhus and has 31 offices in 23 countries, ...
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