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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 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 Posts Record Profit Despite Pressure in Shipping Rates

Courtesy: Maersk Line

 Maersk Line has reported a profit of $2.3bn for 2014 a 50% increase over the previous year, and expects a higher result in 2015, though the shipping rates remain under pressure.   But 2015 is expected to yield less impressive results due to falling oil prices. The Chief Executive Officer Nils Smedegaard Andersen says shipping rates remain under pressure but maintains the business is "doing very well at the moment."   


Carrier On-Time Percentage Increased in Feb

    (Image courtesy of Drewry)

  The on-time percentage of liner services improved slightly in February, but the ships that missed their berthing window missed it by a wider margin due in large part to labor strife at West Coast U.S. ports,  according to this month's Carrier Performance Insight from Drewry.  


Maersk Predicts Container Traffic Demand Growth

Pic: Maersk Line

 As freight rates are expected to continue to decline due to oversupply, the container shipping demand is expected to grow 3-5% this year, according to Lars Mikael Jensen, chief executive of Asia Pacific region at Maersk Line.   He said supply growth as ships ordered several years ago


Maersk Line Orders Seven Containerships from China

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Danish shipping firm Maersk Line has signed an order for seven container vessels from COSCO Shipyard in China as the first step in a $15 billion investment programme over five years. The companies said in a statement on Thursday they would not give details of the price of the vessels


Panama Canal Sets Sight on Another Expansion

Photo: Panama Canal Authority

As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion that would allow it to handle the world's biggest ships.   Workers are now installing giant


MOL Expands Container Fleet

Containership Courtesy MOL

  Mitsui O.S.K. Lines, Ltd. has signed a deal for construction of four 20,000 TEU containerships with Samsung Heavy Industries. MOL also concluded an MOU for long-term chartering of two 20,000 TEU containerships with Shoei Kisen Kaisha, Ltd


Royal Caribbean to Sell Splendour of the Seas

Photo courtesy of RCL

Royal Caribbean Cruises Ltd. announced that it has entered into an agreement to sell its cruise ship Splendour of the Seas to TUI Cruises in the second quarter of 2016. The ship will then be leased to Thomson Cruises, which will operate the vessel.


Maersk Drilling Secures Contract for Newest Drillship

Maersk Voyager (Photo courtesy of Maersk Drilling)

Maersk Drilling was awarded a contract from eni Ghana Exploration and Production Ltd. for employment of the newbuild drillship Maersk Voyager.   The contract will see Maersk Voyager work on the Offshore Cape Three Points (OCTP) Project offshore Ghana with expected commencement in July 2015


25,000-TEU Ships Possible, Not Practical

Pic by Maersk Line

 Maersk Line CEO Soren Skou said ships with capacities of 25,000 twenty-foot-equivalent units are possible but not practical today, and that he expects 18,000-19,000-TEU container ships to remain the largest afloat for years to come, according to a report in JOC.  


Are Megaships Game Changers?

Image: A.P. Moeller-Maersk Triple-E

 Bragging rights for the world’s largest container ship have changed hands four times in as many months and keep on shifting again, says a report in the Bloomberg.   The megaships have come to dominate container shipping with astonishing rapidity over the past decade


ISS Marks 100,000th Hub Appointment

The Robert Maersk Tanker (Photo courtesy of ISS)

Inchcape Shipping Services (ISS) has marked a milestone with its 100,000th hub appointment for Maersk Tankers. For the past week, ISS staff across the company’s global network have been actively following vessel activities to see which tanker would take the golden ticket


Tanker Salvage Underway in Houston

Responders have begun to execute salvage plans for the damaged tanker Carla Maersk, Wednesday, following a collision that occurred Monday in the Houston Ship Channel, the Central Texas Coastal Area Committee (CTCAC) reported.   The plans include utilizing high-density foam to suppress any


Former Norwegian Cruise Line CEO sues Virgin Group

The former chief executive of Norwegian Cruise Line Holdings Ltd sued Richard Branson's Virgin Group in federal court in Miami for $300 million on Wednesday over plans by the British billionaire to launch his own luxury cruise line.  


Houston Ship Channel Fully Reopened

(U.S. Coast Guard photo by Dustin R. Williams)

The Houston Ship Channel has been fully reopened today following Monday’s ship collision and subsequent salvage operations.   The Houston Ship Channel was reopened Thursday morning after responders completed initial salvage plans on damaged chemical tanker Carla Maersk and moved the


Maersk to Retrofit VDRs on 100 Containerships

Image courtesy of Danelec Marine

Maersk Line will retrofit 100 vessels with Danelec Marine’s DM100 Voyage Data Recorders (VDRs) and Simplified Voyage Data Recorders (S-VDRs).   “The fleet retrofit program will take advantage of our newly developed conversion kits


Maersk Line Names Danet CFO

Photo: Maersk Line

Pierre Danet, current vice president and regional CFO of Hewlett Packard, Printing and Personal Systems in EMEA, will join Maersk Line on April 7 as chief financial officer (CFO) and be part of the management board of Maersk Line, the company announced today.  






 
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