Maersk

Sustainability

Billionaire Maersk family forms green methanol producer to cut shipping emissions

Maersk, which operates a fleet of about 700 container ships, is alone responsible for about 0.1% of all human-made CO2 emissions.
Briefs: Global trade slows in blow to Maersk, Credit Suisse AT1 holders in Asia add to claims over wipeout - THE EDGE SINGAPORE

Global Economy

Briefs: Global trade slows in blow to Maersk, Credit Suisse AT1 holders in Asia add to claims over wipeout

Quoteworthy: "There is a sense that we’re much closer to the end of this than to the beginning" - Jerome Powell
Maersk's profit slumps more than half as global trade slows - THE EDGE SINGAPORE

Transport

Maersk's profit slumps more than half as global trade slows

Maersk transports close to one-fifth of the world’s containers
Maersk cuts forecast for global container demand on slowdown - THE EDGE SINGAPORE

Global Economy

Maersk cuts forecast for global container demand on slowdown

Global container demand is seen to decline between 2% and 4%

World’s biggest shipping company voices alarm at Trump trade war

COPENHAGEN (Feb 9):  A.P. Moller-Maersk A/S, the owner of the world’s biggest container shipping line, is paying particular attention to noises coming from the US that suggest the new administration is moving closer to a trade war with China.

Maersk, DONG Energy in talks over US$10 billion oil merger: sources

(Nov 29): Denmark's A.P. Moller-Maersk and DONG Energy are in talks to merge their oil and gas operations in a deal that would create a business worth more than US$10 billion ($14.3 billion) including debt, sources familiar with the matter said.

Results

SembMarine declares dividend despite 70% drop in 1H earnings

SINGAPORE (July 28): Rigbuilder Sembcorp Marine announced revenues amounting to $1.83 billion for the first six months of the year, a 27% year-on-year drop as customers deferred taking delivery of their orders and new contracts dwindled on the back of low
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