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Latest Articles in Maersk Line

Maersk To Cut Jobs In Major Reorganisation, Internal Email Says

Maersk's share price has nearly doubled since March, but is still a fifth below a peak three years ago. They were trading 0.1% up at 9,558 crowns by 0745 GMT.

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Maersk Shares Jump After Upbeat Earnings Guidance

The company's share price jumped 7.4% in early trade to an eight-month high, and has doubled in value since March, as cost cuts and the prospect of a global economic recovery outweighed the present impact from the coronavirus pandemic.

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Maersk Warns Coronavirus Outbreak To Hit 2020 Earnings

Maersk said fourth-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) totalled $1.46 billion, lagging the $1.51 billion forecast by 24 analysts in a consensus poll compiled by Maersk.

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Maersk Steers Shipping Profit Forecast Lower

Earlier this year Danish shipping giant A.P Moller Maersk ventured in a different direction. It agreed to sell its oil and gas business to focus on transport and logistics. But after posting a third quarter profit below expectations - investors may now start asking questions.

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Maersk Defends Sending Ships To Indian Shipbreaking Yard

The shipbreaking business is considered to be one of the world's most hazardous occupations and highly polluting, according to the International Labour Organization

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CMA CGM Cements World Shipping Status With $2.4 Billion NOL Deal

Singapore's NOL has struggled in the downturn, reporting four consecutive years of losses up to the year ended December 2014

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