Maersk reports improved earnings; Hapag-Lloyd achieves ‘respectable results’

Despite lower container demand, A.P. Moller-Maersk reported improved profitability across the business in the third quarter, while Hapag-Lloyd achieved good results in the first…

Solid growth in Q3 for Maersk and OOCL; Maersk raises EBITDA outlook

Both A.P. Moller-Maersk and Orient Overseas (International) Limited (OOIL) reported solid results in the third quarter of the year for their respective shipping businesses,…

Maersk posted $356M profit in 2017

A.P. Moller-Maersk did not hit its earnings target for 2017 but said it improved both revenue and profit, the growth primarily driven by its…

Plunging freight rates drive Maersk Line to $151M loss

Danish shipping giant Maersk Line has reported a loss of US$151 million in the second quarter of the year from a profit of $507…