Ap Moller News

14 Oct 2019

INSIGHTS: Michael G. Johnson

Michael G. johnson, Sea Machines CEO & President

Sea Machines Robotics CEO & President.Michael Gordon Johnson is a marine engineer, an accomplished entrepreneur and sector leader with a primary goal of building progressive and sustainable innovation for modern society. He is the founder of Sea Machines, a Boston-based tech company that is a leading provider of autonomous control and intelligent perception systems for marine vessels. Johnson earned a marine engineering degree from Texas A&M University before starting a career focused on complex projects in offshore oil and gas, marine transportation and salvage.

23 Sep 2019

Shipping Sector Sets Course for Zero Carbon

© Yaniv / Adobe Stock

Leading ports, banks, oil and shipping companies on Monday launched an initiative which aims to have ships and marine fuels with zero carbon emissions on the high seas by 2030, in another step by the maritime sector to reduce CO2.International shipping accounts for 2.2% of global carbon dioxide (CO2) emissions and the U.N.'s International Maritime Organization (IMO), has a long-term goal to cut greenhouse gas emissions by 50% from 2008 levels by 2050.Achieving this target will…

05 Sep 2019

Maersk, Koole in Dutch Deal for 2020 Fuel

Pic: Maersk

Maersk’s subsidiary Maersk Oil Trading has teamed up with Dutch liquid bulk storage operator Koole Terminals for the production of IMO 2020-compliant bunker fuel in the Port of Rotterdam.According to a Maersk statement, the production will take place at the Petrochemical Industrial Distillation (PID) unit, located at Koole’s Botlek site in the heart of the Port of Rotterdam. The toll distillation deal allows Maersk to produce VLSFO bunker fuel and will enable Maersk to further…

21 Aug 2019

Sea Machines Demonstrates Autonomous Spill-Response Vessel

As a part of its cooperative agreement with the U.S. Department of Transportation Maritime Administration (MARAD), Boston-based Sea Machines Robotics announces that it has successfully demonstrated its autonomous systems in action on board a Kvichak Marco skimmer boat during events held along the Portland harbor earlier today.Sea Machines’ technology opens a new era of capability for the marine industry, and today the company demonstrated its ability to increase the safety, productivity and predictability of response for marine oil-spill operations.

15 Aug 2019

Maersk Q2 Beats Expectations Amid Trade War

Pic: Maersk

The world's biggest container shipping company AP Moller-Maersk delivers a 17% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to USD 1.4 bn in Q2 compared to the same quarter last year.Revenue grew slightly to USD 9.6bn, which is on par with last year, and the underlying profit increased to USD 134mln from USD 15mln in Q2 2018.“Q2 was a quarter of solid progress. EBITDA was up 17% and cash flow improved 86% year on year, driven by continued recovery in Ocean,” says Søren Skou, CEO of A.P. Moller – Maersk.

08 Aug 2019

Rotterdam Port Lunches PortXchange

Image: Port of Rotterdam Authority

Port of Rotterdam Authority has launched new company PortXchange Products BV  to make digital shipping app Pronto available to ports worldwide.PortXchange is set up to offer the Pronto platform and application to ports around the world over the next few years. The establishment of a separate company will enable partnerships with a variety of global players.Together with strategic partners Shell International Trading and Shipping Company Limited and A.P. Moller - Maersk, PortXchange…

30 Jul 2019

Maersk Gets Saudi Ports Licence

Photo: Mawani

The Saudi Ports Authority (Mawani ) has issued a license to the local subsidiary of Maersk in order to operate in all ports across Saudi Arabia.According to the state news agency SPA, the step comes along with the authority’s strategy to improve the efficiency and quality of performance and services offered in Saudi ports.The new Maersk shipping license is the fourth of its kind to be issued to foreign investors in the Kingdom. Maersk joins other major lines of Barwil, Hapag-Lloyd and the Mediterranean Shipping Company…

29 Jul 2019

Containers Market to Reach $12bln by 2023

Pic: China International Marine Containers (Group) Ltd. (CIMC)

The global shipping containers market garnered $9.29 billion in 2017 and is estimated to reach $12.08 billion by 2023, growing at a CAGR of 4.5% from 2017 to 2023.Surge in seaborne trade, rise of transportation services, and increase in number of manufacturing facilities drive the growth in the market, said a research report by Allied Market Research.However, decreasing economic growth in few nations in Europe and the Asia-Pacific region restrain the market growth. On the other hand…

26 Jul 2019

Denmark backs Britain's Hormuz Naval Plan

A UK Naval warship on patrol. CREDIT: AdobeStock / © Peter Cripps

Denmark said on Friday it welcomed a British government proposal for a European-led naval mission to ensure safe shipping through the Strait of Hormuz and would consider a military maritime contribution.Britain has sought to assemble the mission in Hormuz, used by tankers carrying about a fifth of the world's oil, following Iran's seizure of a British-flagged ship in what London said was an act of "state piracy".The initiative won initial support from Denmark, France and Italy…

15 Jul 2019

Containers Market to Reach $12bln by 2023

Pic: A.P. Moller - Maersk

The global shipping containers market, which amassed $9.29 billion in 2017, is estimated to reach $12.08 billion by 2023, growing at a CAGR of 4.5% from 2017 to 2023.According to a report by Allied Market Research, surge in seaborne trade, rise of transportation services, and increase in number of manufacturing facilities drive the growth in the market. However, decreasing economic growth in few nations in Europe and the Asia-Pacific region restrain the market growth.On the other hand…

14 Jul 2019

Maritime Cyber Alert

© Oleksii/Adobe Stock

For some years now, the maritime sector has experienced breaches of various computer and information technology (IT) systems. Primarily, these breaches have been collateral damage. The maritime sector has almost never been the intended target. That does not mean that the damage has been minor. In June 2017, A.P. Moller-Maersk suffered a major cyber-attack. The malware had been designed by Russian hackers to disrupt the Ukrainian power sector. Once released, though, it proved to be indiscriminate, infecting IT systems worldwide that had not been kept up to date. In the case of A.P.

10 Jul 2019

Maersk Firm to Buy Wind Turbine Supplier

file Image: an offshore wind farm (CREDIT Seimens)

A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk will acquire Danish wind turbine supplier KK Group, it said on Wednesday, in a first step into the renewable energy industry.The acquisition marks a new direction for the family-owned company, which has built its business on the shipping and oil industry.The parties declined to disclose the price of the deal. A.P. Moller Holding will buy KK Group, whose main activities are through KK Wind Solutions, from…

05 Jul 2019

Maersk, Major Shippers Hike Gulf-bound Box Rates

File Image: Maersk

A.P.

27 Jun 2019

Shipping Companies: Is Bigger Better?

© Julien/Adobe Stock

“If consolidation was the solution to all that ails shipping, then container liner companies would be super profitable. They are not. In ‘commoditized’ sectors of the shipping industry, which by now includes pretty much everything apart from very small niche markets, there is hardly any economies of scale at the company level. As long as bigger is not in fact much better, then meaningful consolidation will not happen.”Dr. Roar Adland, visiting scholar at MIT Center for Transportation and Logistics and Professor at the Norwegian School of Economics (NHH).Like any other business…

24 Jun 2019

Intermodal Freight Market to Grow 7.5%

Photo credit: A.P. Moller - Maersk

Global intermodal freight transportation Industry is estimated to grow at a CAGR of 7.5% from 2018 to 2025 to reach USD 72.51 Billion.Last year (2018), the intermodal freight transportation Industry was valued at USD 43.70 Billion, said a report from the Global Reports Store. Intermodal Freight transportation consist two modes of freight including rail and truck which is used in applications such as containerization of freight and passenger transportation.The intermodal process usually begins with a container moved by a truck to a rail…

14 Jun 2019

Maersk Explores Arctic Shipping Route with Russia

© Artem / Adobe Stock

Shipping group A.P. Moller-Maersk said on Friday it is in talks with Russia's state-owned icebreaker operator to send more goods via the Arctic, which is becoming more accessible as climate change reduces the sea ice.Russia has made developing the so-called northern sea route (NSR) - which requires new ports and heavy icebreakers to move goods - a priority, with supporters dubbing the route the northern Suez Canal.Last summer, Maersk carried out what it said was a one-off trial…

24 May 2019

Maersk Reports Higher Earnings for Q1

Pic: AP Moller – Maersk

Danish container shipping and logistics giant AP Moller – Maersk has closed the first quarter of 2019 with a 33% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to USD 1.2bn while revenue grew by 2.5% to USD 9.5bn compared to Q1 2018. Operating cash flow improved significantly to USD 1.5bn and free cash flow was USD 3.5bn, including sale of shares in Total S.A.“We had a good start to 2019. In Q1, revenue grew by 2.5%, operating earnings improved by 33% and cash flow from operations doubled to USD 1.5bn.

24 May 2019

Trade Tension Hurts Shipping, Maersk Warns

CREDIT Maersk

A.P. Moller-Maersk, the world's largest container shipping company, warned on Friday that trade tensions and an economic slowdown are slowing growth in global freight.Maersk, which is seen as an indicator of global trade patterns, cut its forecast for global growth in container traffic this year due to the trade dispute between the United States and China."The recent escalation of the trade war induced by an increase in tariff rates and threats of implementing additional tariffs could take global container trade growth to the lower end of the 1-3% interval (range)…

20 May 2019

Maersk Seafarer Goes Overboard

Pic: Maersk Line

A.P.M Moeller-Maersk (Maersk) has informed the search for the missing seafarer who fell overboard from the Maersk Patras on May 19, 2019, has been suspended.“It is with regret we have received the news that the search and rescue operation was unsuccessful and we must conclude that we have lost our colleague. It is a tragic situation for the family and we have offered them our full support. My deepest condolences and thoughts go to them,” says Søren Toft, COO of A.P. Moller - Maersk…

17 May 2019

Maersk Adds APM in Logistics Division

Image: A.P. Moller – Maersk

A.P. Moller - Maersk said it will integrate APM Terminals' Inland Services division into Maersk's Logistics and Services division beginning August, providing customers with seamless access to a wider range of logistics & services offerings."This is a next step for A.P. Moller - Maersk in the implementation of our strategy to offer end-to-end solutions to our customers," said a press release.The Inland Services portfolio is a network of inland terminals around the globe consisting of 36 business units with over 100 locations.

14 May 2019

ZIM Joins DCSA

Image: Zim

Israel cargo shipping company Zim Integrated Shipping Services (ZIM) announced that it has joined the Digital Shipping Association (DCSA) dedicated to digitization and standardization in the container shipping industry.ZIM CIO, EVP Eyal Ben-Amram, said: "We are excited to join DCSA and to contribute to the digital transformation. We firmly believe that digital innovation will shape the future of the shipping industry, and our multi-service approach embodies this belief. Standardization is the right way to improve the eco-system of all stakeholders".A month ago…

14 May 2019

Sea Machines, Hike Metal to Collaborate on SAR Autonomy

Boston-based Sea Machines Robotics announced today a new partnership with Hike Metal, a world-class manufacturer of workboats based in Ontario, Canada, to integrate Sea Machines’ SM300 autonomous vessel control system aboard commercial vessels tasked with search-and-rescue (SAR) missions.The collaboration will help develop and demonstrate the capabilities of autonomous marine technology for the purposes of increasing the productivity and safety of SAR operations. Once installed…

08 May 2019

Sea Machines Hires Black as Vice President

Don Black (Photo: Sea Machines Robotics)

Sea Machines Robotics has announced that it has hired Don Black as vice president of sales and marketing, reporting to Founder and CEO Michael G. Johnson. Effective immediately, this new position gives Black responsibility for the company’s global sales of Sea Machines autonomous-command and remote-control products for commercial workboats. He also has special oversight for supporting the development of the company’s advanced perception and navigation assistance technology for commercial ships and vessels, currently being trialed aboard an A.P. Moller-Maersk container ship.

Maritime Reporter Magazine Cover Oct 2019 - Marine Design Annual

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