Maersk
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Europe
Maersk Drilling accommodation rig wins five-year contract in Denmark
Maersk Drilling’s jack-up accommodation rig will leave lay-up next year to be deployed on a five-year contract to Maersk Oil…
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Americas
Marathon Oil abandons Solomon well in Gulf of Mexico
Houston, Texas-based Marathon Oil has called it quits on its Solomon deepwater well in the US Gulf of Mexico because…
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Europe
Maersk Tankers snaps up Marwave handy
Maersk Tankers has again turned to Marwave Shipmanagement, purchasing a further handy tanker from the Dutch outfit. Broker sources told Splash that…
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Americas
Maersk drillship wins contract with Total in Uruguay
One of Maersk Drilling’s latest drillships has won a $44m contract to drill an exploration well for Total in block…
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Greater China
Maersk and Guangdong Yudean set up China tug joint venture
Guangdong Yudean Shipping, the shipping unit of state run power company Guangdong Yudean Group, has announced that it has signed…
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Containers
Maersk Altair sets new Adriatic record
Wednesday saw the port of Trieste in Italy welcome the largest boxship to ever call at an Adriatic port. The…
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Europe
A.P. Møller-Mærsk issues Eurobonds
A.P. Møller-Mærsk made the most of cheap financing yesterday issuing its first Eurobonds in three years. The Danish shipping giant…
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Middle East
APM Terminals plans Bahrain port IPO
APM Terminals (APMT) and its local partner YBA Kanoo Holdings are planning an initial public offering (IPO) of Bahrain’s Khalifa…
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Containers
Maersk’s Skou anticipates more container consolidation
In the fevered era of container shipping mergers, where Singapore’s Neptune Orient Lines (NOL) has admitted both Maersk and CMA…
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Containers
Leviathans at the gates: container minnows beware
The last months of 2015 are confirming what everybody has long sensed, but hated to admit: the rates are not…
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Asia
NOL confirms takeover talks with CMA CGM and Maersk
Singapore’s Neptune Orient Lines Limited (NOL) has confirmed the company is in “preliminary discussions” with both CMA CGM and A.P.…
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Containers
Industry shows no surprise to Maersk lay-offs, lay-ups and cost cutting
First came the $600m profit warning. “The container shipping market has deteriorated beyond the group’s expectations,” Maersk groaned on October…
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Europe
Maersk Supply Service to cut a further 200 crew as more layups loom
On the same day that Maersk Line announced 4,000 job cuts, Maersk’s offshore marine arm Maersk Supply Service has announced…
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Containers
Maersk Line to slash headcount by 4,000 and nix up to 240,000 teu of newbuild options
Suggesting the fraught outlook for container shipping is longer term than some had predicted, Maersk Line today outlined massive spending…
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Containers
Maersk boxship suffers gash while berthing at Bremerhaven
The Singapore-flagged boxship is having its hull checked today following a collision while berthing in Bremerhaven yesterday morning. The 8,850…
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Containers
Maersk EEE vessel among the close to 1m teu of boxships laid up
The dire state of freight rates on the Asia-Europe container tradelanes has seen a giant 18,000 teu laid up, Alphaliner…
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Containers
Crashing box freight rates force Maersk to issue profit warning
Declining freight rates in the main east-west tradelanes have seen Maersk Group be forced to issue a full year profit…
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Asia
Maersk willing to invest billions in Indonesia if cabotage laws change
Ahead of a state visit by the Danish queen to Indonesia this week, which will see Denmark’s largest shipping line…
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Europe
APM Terminals picks up remaining shares to complete $1bn Grup Maritim takeover
APM Terminals has reached agreement to purchase the remaining 39% of Grup Maritim from minority shareholders to complete a $1bn…
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Environment
Maersk official calls for greater enforcement of SOx rules
A senior official from Maersk has echoed comments made last week by the Danish Shipowners’ Association, calling for greater enforcement…
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