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MAERSK LINE LTD

Maersk Ships Rice to Haiti for Free

Maersk Line, part of the Danish group A.P. Moller - Maersk, will provide free ocean freight for 147 containers (3,525 metric tons) of rice donated by the Government of Thailand to Haiti through the World Food Program. The rice will be split and shipped across four sailings, from Laem Chabang, Thailand to Caucedo, Dominican Republic, before being trucked into Haiti. The first shipment set sail on 15 March 2010, on Maersk Line vessel Maersk Kendal, and is expected to arrive six weeks later towards the end of April. Thomas L. Sorensen, Managing Director of the Maersk Line (Thailand) Co., Ltd, shares, “Maersk Line has a long history of providing disaster relief aid and is pleased to be able to continue in our efforts and support the World Food Programme. Shipping transportation plays an important role in getting aid to Haiti, being an island country. With a large global network and ready vessels, Maersk Line is more than able to handle the logistics involved with the shipment of Thai rice.” “It is also one of Maersk Line’s key business values is to contribute towards the societies we work in and we hope our assistance will help Haiti, as its people work to rebuild their communities”, he continued. In addition to the shipment of rice donated by the Government of Thailand, Maersk Line has shipped 100 containers of aid to Haiti from Venice, Italy


New Members of NOAA’s Hydrographic Services Review Panel

NOAA Administrator Jane Lubchenco recently appointed nine new members to the Hydrographic Services Review Panel, a federal advisory committee that gives NOAA independent advice for improving ocean and coastal navigation products, information, data and services.   “Optimizing the benefits of navigation services and products is a priority for the agency,” said Margaret Spring, chief of staff for NOAA and the agency’s representative to the Committee on the Marine


Atlantic Container Rates To Soar

Starting next year, the price to ship a container across the Atlantic ocean is to soar, as container shipping lines on the Atlantic will be seeking hefty rate increases s next year. Rates for 20 foot containers heading westbound to U.S. Atlantic, Gulf and Pacific ports would rise by $600 from January 1, 2000, carriers in the Trans-Atlantic Conference Agreement (TACA) said. For 40 and 45 ft units the increase would be $750, they said


Maersk Line Introduces Sustainable Container Floors

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New Maersk Line procurement policy for container floorboards aims to reduce demand for illegally logged tropical hardwood Today, Maersk Line announced a new policy to refrain from purchasing containers with floors made of uncertified tropical hardwood. “Illegal logging is widely recognised as a serious threat to forests, people and wildlife. We feel obligated to use our purchasing power to push for higher standards and ensure that the timber we use for container floors come from


Maersk Container Line Leads in Reliability Says Report

Photo credit Maersk

A new research report confirms the Asia-Europe product 'Daily Maersk' continues to lead competitors in reliabiltiy ratings The report, a joint effort between ecommerce network provider INTTRA and container shipping analyst SeaIntel, examined the performance of the top 20 container lines in schedule reliability. In the past year, Maersk Line has been the No.1 carrier in eight of the months and No.2 for four. The report also highlights, among others


Maersk Buying Back Shares, Earnings Up

Shares rise 5 pct after improved guidance, better quarter than expected. Maersk indicates more buybacks after first in its history. Efficiency, cost savings boost Maersk Line compared to rivals. Denmark's A.P. Moller-Maersk announced the first share buy-back in its 110-year history on Tuesday as an overhaul of the sprawling shipping and oil empire leaves it with more cash than it can usefully invest. Maersk shares jumped 5 percent after the company reported better than expected quarterly


Maersk Line Increases Rates

Maersk Line will be implementing a general rate increase on the Eastbound Mediterranean trade from the East Coast and Gulf ports of North America to Mediterranean ports. The increase will apply for all cargo under Maersk Line independent tariffs and service contracts as agreed with our customers individually. The level of increase will be $400 per 20-ft. and $600 per 40-ft. applicable on dry cargo and will be effective 15 November 2007.


Maersk Orders 10 Ships from Daewoo

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Maersk Line signed a contract with 's Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build 10 of what the company terms as the world's largest and most efficient vessels, with an option for an additional 20 vessels. Scheduled for delivery between 2013 and 2015, they will entirely change the shipping industry's understanding of size and efficiency. Called the 'Triple-E' class for the three main purposes behind their creation -- Economy of scale


Rickmers Container Vessel Breaks All Records

Captain Wojciech Kucz, the master of Maersk Elba, had the honour of showing Donald Tusk, the Prime Minister of Poland, around his vessel in the Port of Gdansk. Maersk Elba is the biggest containership ever to call in a Polish port.

The arrival from China of the Rickmers-owned containership Maersk Elba at the DCT Gdansk terminal on 11 May marked a new era in Baltic shipping. At 13,092TEU and carrying containers 17-wide below deck and 19-wide on the hatchcovers, she is the biggest container vessel by far ever handled by a Baltic port.   Whilst in the port, Maersk Elba was visited by many dignatories including Donald Tusk, Poland’s current Prime Minister, the iconic Lech Walesa


First Triple-E named Mærsk Mc-Kinney Møller

Ane Mærsk Mc-Kinney Uggla, lady sponsor, christens the ship (Photo: Maersk)

Maersk Line’s newest vessel, the first of the Triple-E series, was named this morning in a ceremony at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. It bears the name of the late Mærsk Mc-Kinney Møller, who passed away in April 2012 at the age of 98. Maersk Line CEO, Søren Skou, began the ceremony by welcoming all the special guests and recounting the important tradition of naming ceremonies in Maersk ever since the first


Maersk Drilling Q2 2014 Profit Dips

Ultra-deepwater rig: Photo Maersk

Maersk Drilling informs that in Q2 2014 it delivered a profit (NOPAT) of USD 117-m (USD 150-m). While the underlying operational performance remained strong with an operational uptime of 97% (96%), the decrease in profit of USD 33-m compared to Q2 2013 was mainly due to planned activities with


Maersk Line Still the Leading Carrier on Reliability in Q2

Maersk Raises Outlook

  During the second quarter, the overall industry reliability has improved. However, Maersk Line is pleased to have improved their performance so that they can continue to lead the industry on reliability. The midyear review of Maersk Line by maritime analyst SeaIntel shows an upward trend


Maersk to Raise Freight Rates from Asia to Europe

Photo: Maersk

The world's biggest container shipping company Maersk Line, a unit of A.P. Moller-Maersk , said it plans to raise freight rates on routes from Asia to northern Europe by $400 per 20-foot container (TEU). The new rates will take effect from Sep


Nine Share in US$6-B DoD Contract Modifications

Container ship: Photo APL

The US Department of Defense informs that nine companies have each been awarded indefinite-delivery/indefinite-quantity fixed-price option-year two modifications for international ocean and intermodal distribution services (Universal Services Contract-7). They are:


Second Jack-up Rig Joins Maersk Drilling’s Fleet

Maersk XL Enhanced

  Maersk Drilling has taken delivery of its second ultra harsh environment jack-up, XLE-2, from the Keppel FELS shipyard in Singapore on time. The rig will start its mobilisation to the Norwegian North Sea in approximately two weeks, where it will commence a five year contract with Det


Keppel Delivers World’s Largest Jackup Rig to Maersk

XL Enhanced Jack-ups

  Keppel FELS Limited has delivered the jackup rig XLE-2 to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, on budget and seven days ahead of schedule. The rig, which will be named at a ceremony in Norway in October 2014


Asia-Europe Container Rates Fall Almost 11 pct

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Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 10.7 percent to $1,198 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.


51 Awarded Scholarships by Singapore Maritime Industry

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  A total of 51 scholarships worth more than S$1.4 million were awarded this year, as part of continuous outreach and talent development efforts to meet the manpower needs of the growing Singapore maritime industry - an area which contributes to some 7 per cent of the nation's economy.


Drewry: Global Number of Container Ships Peaks

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The number of container ships transporting goods around the world has fallen in the first half of 2014 but the total capacity of the global fleet continues to increase, consulting firm Drewry Maritime Research said in a note on Monday. Drewry Maritime Research foresees a fall in the number of


Transpacific Container Shippers Aim for Rate Rise

Photo: Maersk

A container shipping organisation urged companies on Monday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU), corresponding to an increase of 14.2 percent from current levels, from Sept. 1. TSA (Transpacific Stabilization Agreement) said the planned increase follows


Maersk Raises Post-Q2 Financial Outlook

Danish shipping and oil group A.P. Moller-Maersk reported a second-quarter net profit above forecasts thanks to better profits in its container shipping business Maersk Line. Net profit rose to $2.25 billion, Maersk said on Tuesday, beating an average forecast of $2


Mærsk Putting Valuable Experience to Good Use

The goal is to train and develop local talent to take on increasingly challenging positions on-board the rig

  The Mærsk Deliverer rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent to take on increasingly challenging positions on-board the rig. To do so, experienced employees play a key role.


Asia–U.S. Container Lines to Introduce Freight Increase

TSA Containership: Photo Evergreen Line

The Transpacific Stabilization Agreement (TSA) informs that member container shipping lines are proposing an across-the board general rate increase (GRI) of at least US$600 per 40-foot container (FEU) to all destinations, effective September 1


Maersk Drilling Rig Team Train Local Talent

Training session: Photo Maersk Drilling

Maersk Drilling says that its 'Mærsk Deliverer' rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent to take on increasingly challenging positions on-board the rig. To do so, experienced employees play a key role.


Panama Canal Updates Maersk on Expansion

Photo courtesy of ACP

Within the framework of the centennial celebration, the Panama Canal Administrator Jorge L. Quijano received a Maersk Line delegation led by Søren Skou, CEO of Maersk Liner Business, to provide an update on the Expansion Program and discuss the future trends in the maritime industry.






 
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