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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


MAERSK LINE ZERO SOX PROGRAMME PROMPTS NEW FUEL SWITCH SOLUTION

Maersk-line-logo.gif

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


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


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


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 Line Enhances Mesawa Service

Courtesy Maersk

 Mesawa service will  improve transit time into Pointe Noire, Matadi and Libreville  Maersk Line to focus on increasing  market share into these territories  The enhanced Mesawa service called on Mundra Port, on the 8th of March, 2016  To call on JNPT on 11th of March and Colombo on the 13th of March Mumbai, 10th March, 2016:  Maersk Line has announced its improved Mesawa service with direct calls into Pointe Noire in Africa


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


Maersk Line Orders 14,800 New Reefer Containers

File photo: Maersk Line

Maersk Line has ordered 14,800 new reefer containers in 2016, driving the average age of its 270,000 unit reefer container fleet down to 7.9 years.   Part of the reefers replace older equipment, and add to the 30,000 reefers acquired by Maersk Line in 2015.  


Moody's Threatens Downgrade of Maersk

Photo: Maersk Group

 Denmark-based shipping and oil company A.P. Møller-Mærsk A/S (Maersk)'s decision to split the group into two parts now get the credit rating agency for questioning to the light blue conglomerate's debt. It ends "probably" with a downgrade


Maersk Line's Improves Asia-West Coast South America network

Dean Rodin, Maersk Line Head of Latin America & Oceania.  Photo: Maersk Line A/S Video

 Maersk Line's new and improved Asia-West Coast South America network gives an optimised service to Chile and Peru with faster transit times and direct connections.   It also offers a new service with fast and direct connection to South Asia, the company said in its press release.


Agility, Maersk Join to Slash CO2 Emissions

​From left to right: Mark Guenter, Key Client Manager, Maersk Line; Michael Hansen, Global Head of Sales, Maersk Line; Cas Pouderoyen, Senior Vice President for Global Ocean Freight, Agility Logistics; Vincent Clerc, CCO, Maersk Line

 Agility Logistics, a leading global logistics provider, has signed an agreement with Maersk Line, to cut CO2 emissions by 15% per container transported for Agility shipments by 2020.   The agreement is part of Maersk’s Carbon Pact Challenge


Fitch: Maersk Gets Little Solace from Sectoral Diversification

Photo: Maersk Line

 The decision by A.P. Moeller-Maersk A/S to split into two separate divisions - Transport & Logistics and Energy - reflects the challenging fundamentals in the sectors in which it operates, and diminishing counter-cyclical benefits of operating in them in the current economic cycle


Largest Ship to Dock in Colombo

M. V. Mogens Maersk Photo Maersk

M. V. Mogens Maersk, one of the world’s largest ships will arrived in Colombo yesterday. To mark the occasion, an on-boarding ceremony is being organized at the CICT Terminal at the Colombo port. Senior officials from the Maersk Group and regional office Maersk line in Sri Lanka along


Maersk May Face Crisis: Economist

Photo: Maersk Group

 Shipping industry faces worse storm than after financial crisis. The  industry has been squeezed on both the supply and demand sides: too many vessels have been built and not enough scrapped, while global trade has slowed down.  


Hanjin Collapse: Shippers Look to Fill Gaps

Photo: Hanjin Shipping

 Global shipping giants are now trying to fill the void left by South Korea's Hanjin Shipping. According to Nikkei, Global shipping heavyweights are rushing to open new lines on the trans-Pacific route, seeking to fill the gaps left by Hanjin.  


Seaspan Starts Fixed-rate Charter with Maersk Line

Courtesy Seaspan

Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the Maersk Genoa. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd., is Seaspan's eleventh 10000 TEU SAVER design containership and fifth delivery in 2016


Controversy on Hyundai Joining 2M Alliance

Photo: Hyundai Merchant Marine Co.

 The world’s largest shipping alliance 2M partners - Maersk Line and Mediterranean Shipping Co  (MSC) -  have been quick to offer shippers an alternate service on the transpacific trade in the wake of Hanjin Shipping’s collapse.  


K Line, The Next Takeover Target?

Photo: Kawasaki Kisen Kaisha, Ltd.

 Speculation has been mounting on possible taking over the Japanese shipping company Kawasaki Kisen Kaisha (K Line).   According to a FT report, analysts and investors have been baffled by the recent activities of Effissimo, Singapore-based fund had increased its stake in K Line to 37


Maersk Line Opens Transpacific Service Line

File photo: Maersk Line

Maersk Line has opened a new transpacific service between Asia and the United States West Coast.   The first sailing is scheduled for September 15.   "We are responding to increased demand in the Transpacific," says Klaus Rud Sejling, Head of Maersk Line's East-West Network


Maersk Sees Rough Seas Ahead

File photo: Maersk Line

The economic slowdown in China and the slump in commodity prices has impacted container trade in South Africa with the dry exports market, made up of mostly mining commodities, declining by 2 percent year-on-year in October and declining by 4 percent over the last quarter.


Aberdeen Harbor Names Harbor Master, Marine Manager

Jeff Gaskin (Photo: Aberdeen Harbor Board)

Aberdeen Harbor Board said it has completed the restructuring of its Marine Operations Department with the internal appointment of Captain Jeff Gaskin as new Harbor Master and Alexandra McIntosh as Marine Manager.   Gaskin, formerly the Harbor’s Marine Superintendent


Maersk Line Sees Little Impact on Customers' Cargo from Hanjin Collapse

File photo: Maersk Line

Maersk Line, the world's biggest container shipper and a unit of Danish conglomerate A. P. Moller-Maersk, said on Friday in relation to the collapse of South Korea's Hanjin Shipping Co Ltd:   * Maersk Line expects minimal impact on its customers' cargo.  






 
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