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$12.06
+0.300 (+2.55%)
At Close: Jun 22, 2026
Maersk to Cut 9% of Workforce as Freight Rates Decline
03:40am, Friday, 03'rd Nov 2023
Maersk CEO Vincent Clerc says the company is “getting out cost base in order, we're getting fit for what could be leaner times.” The company plans to cut 10,000 jobs as declining freight rates imp
Shipping giant Maersk to add SpaceX's Starlink internet to over 330 ships by early next year
02:47pm, Thursday, 12'th Oct 2023
Danish logistics giant Maersk is adding SpaceX's Starlink to more than 330 container ships.
Egypt, Maersk's C2X sign agreement worth up to $3 bln for production of green fuel - statement
04:49am, Wednesday, 04'th Oct 2023
Egypt and Maersk's C2X signed a new framework agreement worth up to $3 billion for the production of green fuel and its derivatives in the Suez Canal economic zone, according to a statement released o
Shipping rivals CMA CGM, Maersk to collaborate on green fuels
04:53am, Tuesday, 19'th Sep 2023
Container shipping giants CMA CGM and Maersk said on Tuesday they will cooperate in efforts to reduce emissions in the sector, including by supporting the use of methanol and aiding research into pote
Shipping giant Maersk is seeing tentative signs of a bounce back in global trade
07:27am, Friday, 15'th Sep 2023
There are tentative signs of a bounceback in global trade, according to the CEO of shipping titan Maersk.
Shipping giant Maersk unveils world's first vessel run with green methanol
09:12am, Thursday, 14'th Sep 2023
Maersk unveils its first vessel to be run with green methanol, in what is a first concrete step toward carbon neutrality.
Maersk and APM Holding form C2X green methanol venture
01:38am, Thursday, 14'th Sep 2023
Danish industrial group A.P. Moller Holding (APMH) and its shipping arm Maersk said on Thursday they have formed a new company to produce green methanol, with an expected annual output of over three m
Shipping giant Maersk unveils 'trendsetter' green vessel as it aims to be carbon neutral by 2040
01:02am, Thursday, 14'th Sep 2023
Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol.
Danish Supreme Court rules against Maersk and TotalEnergies in tax case
06:18am, Wednesday, 06'th Sep 2023
Denmark's supreme court on Wednesday ruled against Maersk and TotalEnergies in a tax case involving the alleged misuse of transfer pricing in the companies' business in Algeria and Qatar.
Ready To Set Sail With A.P. Møller - Mærsk A/S
04:38am, Wednesday, 09'th Aug 2023
Maersk stock is currently depressed due to struggles the global economy faces and stagnant shipping freight rates. Economists have flip-flopped on their predictions of a recession perhaps creating an
Michael Burry warned surplus inventory leads to price cuts, slimmer profits, and pressure on stocks. Maersk just reported a shipping slowdown as customers are focused on destocking.
Maersk predicts long and deep contraction in global trade
09:21am, Friday, 04'th Aug 2023
Shipping giant Maersk has issued a warning about the outlook for global trade as it cut its outlook for the number of containers it will carry. The Danish shipping and logistics firm, often viewed as
Maersk CEO says shipping giant knew a correction would come
09:20am, Friday, 04'th Aug 2023
Vincent Clerc, CEO of Maersk, discusses the shipping company's second-quarter results and how demand is changing globally.
Maersk CEO Sees Subdued Growth, No Global Recession
08:15am, Friday, 04'th Aug 2023
Maersk CEO Vincent Clerc says the shipping giant remains cautious on demand for the container trade, predicting a "subdued environment" for the rest of 2023. He speaks on "Bloomberg Markets Today.
Shipping giant Maersk beats expectations despite 72% profit plunge on falling container rates
02:58am, Friday, 04'th Aug 2023
Danish shipping giant Maersk on Friday reported a sharp fall in second-quarter earnings on the back of plunging container rates.
