A.P. Moeller-Maersk plans to sell its stake in a supermarket and department store to focus on transport and energy, Bloomberg News reported.
January 7, 2014Business, Logistics
Maersk First-Quarter Profit Jumps on Lower Costs, Higher Volumes
A.P. Moeller-Maersk ’s container shipping line, the world’s largest, said first-quarter profit more than doubled and the forecast was raised on lower costs and higher volumes countered a drop in freight rates.
May 21, 2014Business, Logistics
Maersk to Sell Stake in Supermarket to Focus on Transport, Energy
Business, Logistics
Maersk Third-Quarter Profits Rise
Maersk Line reported that its third-quarter profit rose from a year ago, and its parent company A.P. Moller-Maersk raised its full-year forecast, Bloomberg News reported.
November 13, 2013Business, Logistics
Maersk Swings to First-Quarter Profit
A.P. Moller-Maersk reported a first-quarter profit compared with a loss a year ago, but revised its global container forecast downward, Bloomberg News reported.
May 20, 2013Business, Logistics
Maersk Reports $975 Million 4Q Profit
A.P. Moller-Maersk said Friday it had fourth-quarter earnings of $975 million on improved rates in its container subsidiary, the Associated Press reported.
February 22, 2013Business, Logistics
Maersk Has Record Profit as Freight Business Surges
A.P. Moller–Maersk A/S, the Danish company that owns the largest ocean shipping line, announced record earnings on Feb. 23, powered by a rebounding international freight market.
March 4, 2011