Denmark
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Americas
New York court gives Maersk the go-ahead to move terminals
A New York District Court has ruled against Staten Island’s Global Container Terminal’s request for a restraining order regarding Maersk’s…
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Europe
Maersk Drilling reducing crew pool by up to 300 as it prepares to stack rigs
Maersk Drilling has revealed its intentions to stack a number of the company’s North Sea rigs, which will lead to…
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Europe
Clipper Bulk cuts costs to combat coronavirus
Danish bulk carrier operator Clipper Bulk has announced initiatives to reduce costs as part of its measures to deal with…
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Americas
New York terminal attempts to put an emergency restraining order on Maersk
Plans for Maersk and subsidiary Hamburg Sud to move to owned terminals in New York have kicked off a legal…
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Europe
Maersk Tankers offloads MR1 to Waruna
Denmark’s Maersk Tankers has continued to sell down its fleet with the sale of 2004-built MR1 tanker . Multiple shipbroking…
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Europe
Maersk Drilling contracts terminated by Shell and Aker BP
Maersk Drilling has received notice of contract termination for two rigs, semi-submersible Maersk Developer and jackup Maersk Reacher. BG International,…
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Europe
World Marine Offshore takes over KEM Offshore
Denmark’s offshore vessel operator World Marine Offshore (WMO) has taken over compatriot offshore wind vessel owner KEM Offshore through acquiring…
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Europe
Ørsted building new Taiwan-flagged SOV for Greater Changhua
Danish offshore wind specialist Ørsted has signed a 15-year charter contract with Ta San Shang Marine, a joint venture of…
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Europe
B-Gas appoints Andrew McPhail as CEO
Danish gas shipowner B-Gas has appointed Andrew McPhail to the position of chief executive officer . Atle Bergshaven, chairman of…
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Dry Cargo
Navigare: The deal sourcing pipeline
Navigare Capital Partners, a Copenhagen-based alternative investment fund manager dedicated to investments in maritime assets, is gearing up for a…
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Europe
Maersk Drilling drillship contract cut short by Tullow
Maersk Drilling has received a notification from Tullow Ghana for the early termination for convenience of the contract for 2014-built…
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Europe
Maersk ditches full year earnings guidance citing coronavirus and a lack of visibility in box demand
A.P. Møller-Mærsk, viewed by many investors as a bellwether for shipping, has suspended its 2020 full year guidance over the…
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Europe
Claus Hemmingsen joins board of A.P. Moller Holding
A.P. Moller Holding, the parent company of the A.P. Moller Group, has appointed Claus Hemmingsen and Diane Greene as new…
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Europe
Danish shipping rallies around women in shipping movement
More local shipping companies are signing up to the Danish Shipping-led charter to get more women involved in the industry.…
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Containers
Standard Chartered becomes first bank to join TradeLens
Standard Chartered Bank has joined TradeLens, the blockchain enabled platform developed by Maersk and IBM, becoming the first financial institution…
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Europe
Clipper takes supramax pool from Klaveness
Klaveness’s exit from supramax pool activity has been secured with news today that Clipper Bulk has agreed to buy its…
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Europe
Maersk Drilling awarded $3.8m contract offshore Egypt
Maersk Drilling has been awarded a one-well contract for 2009-built semi-submersible rig offshore Egypt. The contract is set to commence…
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Europe
Maersk doubles down on Panama Canal freshwater surcharge
Maersk risks irking the shipper community by doubling down on Panama Canal tariffs. In the wake of the canal authority’s…
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Europe
Maersk Decom awarded Tullow Oil plugging and abandonment contract
Maersk Decom, created in April 2018 as a joint venture between Maersk Drilling and Maersk Supply Services, has been awarded…
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Europe
Maersk seals $5bn credit facility linked to emissions reductions
A.P. Moller – Maersk has secured a new $5bn revolving credit facility through a syndicate of 26 selected banks linked…
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