The Latest Breaking News from Maersk

The international price of global freight shipping is dropping in a trend that could have ripple effects across the entire shipping industry.

Managing ships is big business. It should come as no surprise that bosses of ship-operating companies are highly compensated. What may surprise you is that the CEOs with the largest fleets don't necessarily earn the highest compensation.

Kirby Corp (NYSE:KEX) signed a commercial agreement to provide barge transportation services for offshore wind towers and turbines to Maersk Supply Service, a subsidiary of A. P. Moller Maersk A/S (OTC:AMKBY). Deal terms were not disclosed. Maersk Supply Service has been selected by Empire Offshore Wind, a joint venture between Equinor ASA (NYSE:EQNR) and BP plc (NYSE:BP), as the…

Volvo Trucks announced two large electric truck orders in North America for a total of a three-digit number of Volvo VNR Electric trucks.

A. P.

Egypt signed on Monday a Memorandum of Understanding (MoU) with Maersk in a joint bid to further accelerate the supply of green fuels for ships as part of the shipping industry’s transition to net-zero. Egyptian Prime Minister Mostafa Madbouly witnessed the signing of the deal with the General Authority for…

Shipments of foodstuff and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports and customs, shipping group Maersk told its customers on Wednesday.

European stocks slide further while Moscow stock exchange remains closed for second day; rouble steadies and Brent crude rises above $100 a barrel

Contract-renewal talks for about 15,000 workers at the U.S.’s busiest ports on the West Coast are going to be a “bumpy process” amid the protracted congestion affecting those operations, according to the head logistics at A.P. Moller-Maersk A/S, the world’s largest container liner.