A.P. Moller - Maersk’s “The Heart of Trade” campaign was awarded The Grand Prix award at the prestigious Cannes Corporate Media & TV Awards on September 28th 2017.
A.P. Møller - Mærsk A/S [A.P. Moller - Maersk] has today signed an agreement to sell Maersk Tankers A/S [Maersk Tankers] to APMH Invest A/S, a subsidiary of A.P. Moller Holding A/S [A.P. Moller Holding] for USD 1,171 mill. in an all-cash transaction.
A.P. Møller - Mærsk A/S [A.P. Moller - Maersk] has today signed an agreement to sell Mærsk Olie og Gas A/S [Maersk Oil] to Total S.A [Total] for USD 7.45bn in a combined share and debt transaction.
In Q2, the revenue of A. P. Moller - Maersk grew by 8.4% to USD 9.6bn year on year, mainly due to higher freight rates in Maersk Line. The underlying profit in Q2 improved from USD 134m to USD 389m with Maersk Line contributing with an underlying profit of USD 327m. As a result of post-tax impairments of USD 732m related to Maersk Tankers and APM Terminals, the reported result was a loss of USD 264m.
Investing in future capacity | When it opens in 2019, the new terminal in Tangier, Morocco will take on more than just cargo. It will be responsible for upholding the region’s importance as a distribution centre for global trade.
The calm waters of the Panama Canal belie the frenzy of activity that is unfolding across this small country. As the gateway for more than 13,000 ships, carrying roughly three per cent of all world sea trade, the canal is one of Panama’s most important assets.
The four business units in APM Shipping Services are highly interesting and each with exciting potential to improve results. However, each business unit is currently challenged by strong competition, changing market conditions and at times also internal structural challenges.
What world-class container shipping connectivity will do for a nation.