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Maersk Line

Maersk Line increases business while reducing CO2 footprint

 Maersk Line today published its Sustainability Progress Update for 2013, showing a 3.8 million tonnes CO2 reduction in a year where the business grew 4.1%. “2013 was a good year for Maersk Line – financially as well as in terms of our sustainability performance” says Søren Skou, CEO of Maersk Line. “Our fuel efficiency improvements helped cut CO2 as well as air pollutants like SOx and NOx. So even while our business grew, we were able to reduce our environmental impact in absolute terms.”    In 2013, Maersk Line took delivery of the first four of 20 Triple-E vessels. These vessels will set a new standard for energy efficiency. However, the main driver for the strong CO2 performance was the major overhaul of Maersk Line’s network.    One of the challenges outlined in the Sustainability Progress Update is the tightening regulation of sulphur emissions (SOx) that will require ships sailing in so-called Emission Control Areas to switch to cleaner and thus more expensive fuels from January 2015.    “Air emissions are a serious issue in shipping and we support the upcoming regulation. We are, however, concerned about the level of enforcement in Europe. The new regulation will be costly and without proper enforcement, some might be tempted to cut corners

Maersk, Horizon End TP1 Slot Charter Agreement

The slot charter agreement between Horizon Lines and Maersk Line on the Trans-Pacific 1 (TP1) service will cease in December 2010. This weekly service currently calls Yantian, Xiamen, Kaohsiuing, Los Angeles, Oakland, Honolulu and Guam. Horizon Lines operates five vessels in this service. Maersk Line has been utilizing the entire 1100 FFE capacity eastbound, and uses a small amount of space on the westbound rotation. Empty westbound Maersk Line containers are utilized by Horizon Lines for



As part of Maersk Line's drive to cut sulphur emissions from its fleet towards zero, the shipping line continues to expand on its fuel-switch implementations. Today the programme is implemented in New Zealand. Switching from bunker to low-sulphur fuel in New Zealand reduces sulphur to the air by 80-95% in port. The reduction is in this case nine-fold. As a first in the industry, Maersk Line applies its fuel switch programme to a country

China Strikes Down P3 Network

A CMA CGM containership in China (Photo courtesy of CMA CGM)

The P3 Network will not be implemented following decision by the Ministry of Commerce (MOFCOM) in China Today, the Ministry of Commerce (MOFCOM) in China announced that they have not given their approval to the P3 Network. On March 24, 2014, the U.S. Federal Maritime Commission (FMC) decided to allow the P3 Network agreement to become effective in the U.S., and on June 3, 2014, the European Commission informed the P3 partners that it had decided not to open an antitrust investigation

P3 Network Not to be Implemented in China

Vincent Clerc, Chief Trade and Marketing Officer, Maersk Line.

The Chinese Ministry of Commerce (MOFCOM) yesterday announced that they have not approved the P3 Network (P3). P3 was a long-term operational vessel sharing agreement proposed by MSC, CMA CGM, and Maersk Line. The MOFCOM’s decision follows a review under China's merger control rules. The P3 partners take note of and respect MOFCOM’s decision. Subsequently, the partners have agreed to stop the preparatory work on the P3 Network and the P3 Network as initially planned will not

Maersk Line Q3 Performance Better

Søren Skou, CEO of Maersk Line.

Maersk Line said it has achieved improved results in the third quarter of 2014 (Q3) through lower costs and increased rates. Revenue in Q3 was $7.074 million, as volumes increased by 3.7% to 2.4 million FFE. Maersk Line said its strategy is to grow with the market and the increase is in line with the above 3% market growth. Søren Skou, CEO of Maersk Line, said, “I am very satisfied with the result. Not least our return on invested capital is satisfactory and again above our

Maersk Line Optimizes Pacific Services

Exporters and importers on the Pacific trades stand to benefit from Maersk Line's review of its global shipping network, according to Maersk Line's Senior Vice President, Robert Kledal. The review of Maersk Line's Transpacific services (TP) will result in a number of improvements and the phasing out of two strings. The resulting network will provide optimum port coverage in the region, better connections to growing markets and efficient and cost effective transportation solutions to

Hamburg Süd, Maersk Line, and NYK Announce Joint Operations

Hamburg Süd, Maersk Line, and NYK announced that they have reached agreement to operate jointly in the trade between Asia, South Africa, and South America. From mid April, the linew will replace the current three strings (one operated by Maersk Line and two operated by Hamburg Süd and NYK) by two strings with modern and fast vessels. The overall capacity produced by the new two string system is roughly the same as the capacity presently provided by the three Lines

Maersk Chooses DCT Gdansk

Maersk Line announced that with effect from December 1, it will switch its Polish operations from BCT in to the new deepwater container terminal DCT Gdansk. Maersk Line said: “After many years of good cooperation with BCT Gdynia, the time has come to explore new possibilities with DCT Gdansk, allowing Maersk Line to continue to offer its customers a reliable product while maintaining a high level of efficiency  and  cost  effectiveness. 

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 for the business and a widening gap between industry players. An above-industry rating of 86.1% cements the liner’s lead

Hapag-Lloyd, Maersk Partner on Dangerous Goods Safety

Hapag-Lloyd’s Berlin Express (Photo: Hapag-Lloyd)

Hapag-Lloyd and Maersk Line have agreed to cooperate in increasing the safety of dangerous goods following a meeting today in Hamburg in which Maersk Line showed interest to implement a tracing system similar to Hapag-Lloyd’s watchdog program into its business processes.  

Maersk Goes to Thailand

Photo: Maersk Line

 Maersk Line will add a call at the port of Laem Chabang in Thailand on its Boomerang service starting from October 2015. This unique setup offers Thai exporters and importers with the first and only direct service between Thailand and Australia.  

Asia-N.Europe Box Rates Plunge 17 pct

The CMA CGM Bougainville is the worlds largest containership under French flag. (Image: P. Plisson / CMA / CGM)

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.3 percent to $259 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.

Container-Shipping Consolidation Key to Survival

Image: Maersk Line

 Maersk Line CEO Soren Skou called for consolidation in the container-shipping industry, citing “extremely weak” demand growth amid steadily increasing capacity, says a report in the Wall Street Journal.   Skou said sharing costs with partners would help keep freight rates

Maersk Introduces Surcharge Refrigerated and Intermodal

Photo: Maersk Line

 The Danish shipping company Maersk Line informed its customers that it will introduce a new code of surcharge controlled atmosphere (SatarCare) to containers with refrigerated goods, from next September 15.   This surcharge, according to the shipping company

Maersk Cuts 16% West Central Asia-Europe

Photo: Maersk Line

 Maersk Line, the container shipping unit in the A.P. Moller-Maersk group in Copenhagen, says it will cut about 16% of its capacity on the West Central Asia-Europe trade lane.   "In our continuous effort to provide our customers with an attractive and competitive West Central Asia

Maersk Line: Market Share Down a Touch in 2017

Maersk Line, the world's largest container shipping company and a part of the A.P. Moller-Maersk group, sees its capacity market share slipping to around 14 percent in 2017 from 15.9 percent now, according to presentations. Between now and 2016

Asia-Europe Box Rates Plunge 23 pct

Shipping freight rates for transporting containers from Asia to Northern Europe fell 23 percent to $588 per 20-foot container (TEU) in the week ended Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.

MSC India Wins MALA Award

Photo by MSC - Mediterranean Shipping Agency AG

 For the 6th consecutive year, the Maritime and logistics awards (MALA) ceremony took place on 4th September at the Leela Hotels, Andheri east, Mumbai. The awards, which were started in 2009 by the Nikhil Modi’s Exim team, are the most prestigious awards for the shipping fraternity in

Asia-Europe Box Rates Drop 22.4 pct

A Maersk Containership underway (file image, credit: Maersk)

Shipping freight rates for transporting containers on the world's busiest route have dropped by more than 20 percent for the second consecutive week and are now at their lowest level since July 24. Spot rates fell 22.4 percent to $456 from ports in Asia to Northern Europe after a fall of 22

Seaspan Acquires Eighth Boxship


  Seaspan Corporation announced today that it accepted delivery of a 10000 TEU containership, the Maersk Guayaquil. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd., is Seaspan's eighth 10000 TEU SAVER design containership and seventh delivery in

Asia-Europe Box Rates Drop 31 pct

A Maersk containership in port (file image)

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 31 percent to $313 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.

Daewoo Put Under Pressure by Korea EXIM

Image: Daewoo Shipbuilding & Marine Engineering Co

 South Korea’s second-largest shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) hit a hurdle in its efforts to get capital injection after the Export-Import Bank of Korea (Korea Exim Bank) delayed necessary funding for its shipbuilding project, reports MKBN.  

BSM to Manage 6 Maersk Line Box Ships

Photo: Maersk Line

Bernhard Schulte Shipmanagement (BSM) announced that it will take over full management of six containerships on behalf of Maersk Line A/S. Presently managed in-house by Maersk, the six vessels ranging in size from 2,500 to 11,000 TEU. Over the next five years

AT&T Network Connects Maersk’s Reefer Containers

Photo: Maersk

A.P. Moller-Maersk Group has entered an agreement with AT&T to use its Internet of Things (IoT) technology to connect its refrigerated containers. In what is reported to be one of the largest industrial IoT deployments of its kind, Maersk is working with AT&T to track and monitor the

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