Maersk News

21 Feb 2019

Maersk Eyes Better Results in 2019

Pic: A. P. Moller - Maersk

Danish shipping group Moller-Maersk said that although it  had a challenging start to 2018, looking at the financial performance, it increased earnings despite significantly higher bunker fuel prices and lower than expected container volume growth in the second half of 2018.A.P. Moller-Maersk is forecasting higher profits in 2019 and Soren Skou, CEO of Moller-Maersk, said in a statement that its "profitability needs to improve".Profitability was in line with the latest guidance for 2018…

21 Feb 2019

Maersk Shares Fall on Trade War Fears

File Image: CREDIT Maersk

The world's largest container shipping company, A.P. Moller-Maersk, warned trade headwinds would slow growth this year, sending its shares down 10 percent on Thursday.Maersk is also moving ahead with spinning off Maersk Drilling, announcing it expected its new listing in Copenhagen to begin trading on April 4.Maersk, a bellwether for global trade, warned that growth in the number of containers being moved around the world would deteriorate further this year.It expected global container growth of 1-3 percent in 2019…

20 Feb 2019

Update: Maersk Honam Heads for Rebuild

The sound part of the vessel Maersk Honam, which was hit by a serious fire last year, is being transported to Hyundai Heavy Industries Shipyard in South Korea, where it will be rebuilt.  Photo: Maersk

The sound part of the vessel Maersk Honam, which was hit by a serious fire last year, is being transported to Hyundai Heavy Industries Shipyard in South Korea, where it will be rebuilt. The sound section of Maersk Honam was successfully loaded aboard the heavy-lift vessel Xin Guan Hua on open waters outside Dubai (UAE) on Saturday, 2 February. It was expected to pass Singapore Strait on Monday, 18 February 2019. The heavy-lift vessel will deliver the 228.5-metres-long section from midship to stern at Hyundai Heavy Industries Shipyard in South Korea in March…

19 Feb 2019

Black Sea Container Exports on the Rise

 Image: DP World, Romania – Constanta

Ukraine-based Informall Business Group in its latest Black Sea Container Market review reports a rise of 8.70% in loaded containers handling in the Black Sea container ports of Romania, Bulgaria, Ukraine, Russia and Georgia in 2018 as compared to 2017.Black Sea container terminals of the five countries handled 2927016 TEU in 2018, including empty containers, excluding transshipment. This review observes only full containers of the region – 2188153 TEU.In 2018, there was a laden container turnover increase in all countries of the Black Sea region.

18 Feb 2019

APM Terminals Ecuador Upgrades

Pic: APM Terminals Ecuador

To address rapid increases in volumes APM Terminals Inland Services Ecuador introduced an accurate and reliable Truck Appointment System (TAS).This approach has already proved itself at other APM Terminals’ facilities, including neighbouring Peru. The system allows for much better co-ordination of arrivals and departures leading to significantly shorter wait times for trucks.The system now allows truck arrivals at the facility to be spread evenly throughout the day with a truck turnaround time of just 45 minutes.

15 Feb 2019

Kleven Delivers Maersk Anchor Handler

Godmother Rikke Eskjær and Olav Nakken, CEO of Kleven verft A/S after naming sereminy and delivery of Mærsk Maker. Photo: Olav Thokle - Fotomaritim

Maersk Maker, the sixth and last of a series of six anchor handlers for Maersk Supply Service A/S, was delivered from Norwegian shipyard Kleven on Thursday.Built for operation in deepsea depths, the M-series vessel Maersk Maker had a naming ceremony at Kleven yard, with Rikke Eskjær as godmother. The vessel will leave Kleven in a few days, heading to Aberdeen and the spot market in the North Sea.Maersk Maker is of the Salt 200 type and has an open deck area of more than 800m2, with 102m2 covered deck area as well. She is also equipped with anchor handling winch of 450 tons.

14 Feb 2019

Maersk, PBF Logistics in Low Sulfur Fuel Deal

Maersk and PBF Logistics LP announce agreement for production and storage of 0.5% sulphur fuel on the U.S. East CoastPBF Logistics terminal facility in New Jersey to deliver approx. 10% of A.P. Moller – Maersk’s annual fuel demand as Maersk continues preparations for the International Maritime Organization’s (IMO) 2020 global sulfur regulation.A.P. Moller - Maersk and PBF Logistics LP announced an agreement for Maersk to source and PBFX to process crude oil at CPI Operations LLC, a PBF Logistics LP terminal facility in New Jersey, United States.The agreement enables Maersk Oil Trading to supply IMO 2020-compliant 0.5% marine fuel to its customers on the US East Coast. Annual production will be around 1.25 million metric tonnes (mt), the equivalent of approx. 10% of A.P.

12 Feb 2019

Maersk Uses Inland Waterway in India

Image: Port of Gothenburg

The world's largest container shipping company Maersk Line began moving 16 containers on the Ganga river from Varanasi to Kolkata, the Shipping Ministry of India said.It will be Maersk's first container movement in the 1390-km inland waterway in the River Ganga from Haldia to Varanasi."Maersk Line will move 16 containers on river Ganga (National Waterway-1) from Varanasi to Kolkata tomorrow. The firm is onboard India's inland waterways for the first time," the ministry said in…

13 Feb 2019

Maersk Acquires Customs Broker Vandegrift

Image: Vandegrift

Danish shipping giant A.P. Moeller-Maersk A/S has acquired Vandegrift, a US-based customs house broker,  as the ocean container line pushes further into land-based logistics services and operations. This is the first acquisition of the year in the fast-growing logistics sector.“Vandegrift’s expertise and reputation enables us to place a trusted advisor in front of our customers to design and build individualized Customs Brokerage and Compliance programs that identify risk and provide solutions.

06 Feb 2019

ZIM Adopts Avantida Platform

Image: Avantida

E2open company Avantida, a digital logistics platform, has announced that it will partner with ocean carrier Zim Integrated Shipping Services (ZIM) to offer street turn services in the US.ZIM, the second shipping line to offer this service to US transporters, joins Maersk, who introduced the Avantida platform to the US and Canada last month, said a release from Avantida, the online platform that facilitates services offered by ocean lines to transport and logistic companies for digitally optimised container transport planning.Avantida’s platform facilitates empty container triangulation…

06 Feb 2019

Hamburg Süd Presents RCM

Remote Container Management: The next level of transports. Pic: Hamburg SĂĽd

Hamburg Süd is introducing its future use of Remote Container Management (RCM) with full transparency in real time as well as significantly increased efficiency for refrigerated transport chains.In recent months, all the reefer containers used by Hamburg Süd have been outfitted with RCM technology, said the international logistics service sector.Using satellite and mobile radio technology, RCM makes it possible to monitor the refrigerated container and the condition of the cargo inside it – including its location…

06 Feb 2019

Maersk Adds Virtual Assistant to Reefer Platform

Pic: Maersk Line

Maersk Shipping Line will add a virtual assistant — named Captain Peter — in the first half of 2019 to its remote container management (RCM) platform, which will feature a revamped design and new product features.Currently being tested by a group of select customers, technical improvements are being put in place to simplify the processes integrated into the Remote Container Management (RCM) platform. In the first half of 2019, Maersk will release the new platform with a revamped…

09 Jan 2019

Maersk Supply Service Secures Work in Australia

Maersk Mariner (Photo: Maersk Supply Service)

Maersk Supply Service announced Wednesday it has lined up work for two anchor handling tug supply (AHTS) vessels in support of a drilling program offshore Australia.Under a contract awarded by Chevron Australia, the vessels Maersk Mariner and Maersk Master will provide towing, anchor handling, supply, and remotely operated underwater vehicle (ROV) services for the Chevron-operated Gorgon Stage Two drilling program in the Northwest Shelf of Western Australia, starting in the second…

04 Feb 2019

Container Market Grows at 8.6%

Pic: CXIC Group

The Global International Orginization for Standardization (ISO) Shipping Container Market is growing at a CAGR of 8.6% during 2017-2026, said a report.According to Stratistics MRC, growth of seaborne trade, growing demand for commodities and rising industrial expansion in China are the key driving factors for the market growth.However, factors such as the effect on the environment and fluctuating raw material prices are hindering the market growth, the market research report said.ISO container is any type of shipping container which is designed…

10 Jan 2019

Fire on the Yantian Express “under control”

Pic: Hapag-Lloyd

German-based cargo container shipping line Hapag-Lloyd guarantees that the fire that broke out on its 7,500 teu Yantian Express was last night “brought under control”."On 3 January, a fire broke out in one container on the deck of the Yantian Express and spread to additional containers. In the meantime, efforts to extinguish the fire have made continuous progress under the direction of the salvage company Smit and in cooperation with the Hapag-Lloyd crew on the scene as well as Hapag-Lloyd’s emergency-response team in Hamburg.

13 Jan 2019

Vilnia Maersk Delivered to Maersk

Pic: Shanghai NSE

Danish shipping conglomerate A.P. Møller – Mærsk A/S has taken delivery of Vilnia Maersk, a 3,600 TEU containership, from COSCO Zhoushan Shipyard.According to a stock exchange annoucement, Shanghai NSE supplied main switchboard   for the vessel.The statement said that the 3600TEU Container Vessel (Hull No.: N693) was built by COSCO (Zhoushan) Shipyard Co., Ltd. for Maersk Line Ltd.The ship is the sixth in a series of a total of seven Baltic feeders Maersk’s brand Seago Line plans…

07 Jan 2019

Coast Guard Coordinates Boxship Fire Response

CREDIT: © MarineTraffic.com

The Coast Guard continues coordinating response efforts to ensure the safety of the crew of a container ship approximately 1,015 miles northeast of Bermuda, Monday.Saturday evening, 11 non-essential crew members were evacuated from the Yantian Express to the tugboat Smit Nicobar and Sunday morning all remaining crew were evacuated to the Smit Nicobar.The Coast Guard is currently monitoring the situation. The Smit Nicobar remains on scene providing fire fighting assistance.The commercial tugboat Maersk Mobiliser is also en route and approximately 80 miles northwest of the Yantian Express.

15 Jan 2019

Maersk, Avantida Automate Street Turns

Image: Avantida

Avantida said that Maersk Line has started to offer street turn or container triangulation services through its computer platform in the United States and Canada. Avantida is owned by E2Open.Empty container triangulation, or the interchange of an intermodal container outside of a marine terminal or yard (street turns), is a well-known activity in the US. By offering this on Avantida’s online platform, transporter and logistics companies are freed from the administrative hassle of having to request and process street turns manually.Through the automated request process offered by Maersk…

21 Jan 2019

China Navigation Buys Bulk Shipping Arm of Hamburg Süd

Pic: Hamburg SĂĽd

German shipping group Hamburg Süd announced that it is selling its bulk shipping business to Singapore’s China Navigation Company (CNCo), part of the Swire Group,  as it focusses on its liner business with its two container shipping brands, Hamburg Süd and Aliança.The agreement includes Hamburg Süd subsidiaries Rudolf A. Oetker (RAO), Furness Withy Chartering and the bulk activities in Aliança Navegação e Logística (Aliabulk).A.P. Møller – Maersk acquired the bulk shipping, tanker…

25 Jan 2019

Stable Year for Marseille Fos Port

Image: Port of Marseille Fos - Marseille Fos Port Authority

French cargo and cruise port Marseille Fos had a relatively stable year in 2018 with traffic of more than 81 million tonnes, up 1%.The performances included a seventh consecutive year of growth in container traffic, which rose 2% for 1.4 million teu, and a 12% increase in dry bulks at 15.2MT. Meanwhile cruise numbers leapt 15% to 1.7 million passengers.Infrastructure development and maintenance spending of €60 million featured further logistics park expansion. Alongside this, agreements were reached on major industrial implantations.

30 Jan 2019

Ecoslops and Suez Canal Economic Zone Ink Second Agreement

Image: Ecoslops

Ecoslops, the producer of recycled marine fuels from oil residues, and Suez Canal Economic Zone signed a new agreement, further to the signature of an agreement for a detailed feasibility study in January 2018.A press release said that the firms take another step towards the implementation of a collection, reception and treatment unit of maritime oil wastes, under the auspices of the French and Egyptian governments and on the occasion of the State visit of President Macron in Cairo.The new agreement…

03 Feb 2019

Maersk Container Ship Fire

Pic: Maersk Line

A fire broke out in the engine room on board Maersk’s Panamax containership Olga Maersk last week. The incident happened while the vessel was en route from Panama to Cartagena.An official press release from the operator of the ship Hamburg Süd said: "We regret to advise that on January 29th a fire in the engine room on board the vessel “Olga Maersk” was reported while the vessel was on route from Panama to Cartagena. All crew on board the vessel are safe and accounted for."The fire…

21 Dec 2018

ABP Bags Maersk Trade Deal

Image:  Associated British Ports

As agreement between Associated British Ports (ABP) container terminal located in Hull and Maersk, the world’s largest container shipping line,  to open a trading link between the north of England and the Far East.The service begins in the New Year into the 21-acre container terminal in Hull which has seen significant recent investment by ABP. The weekly feeder vessels will see ABP handle around 240 boxes per week, equivalent to 12,000 containers per year.“Unlocking this new trade gateway to the rest of the world is not only significant for the local economy…

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