Maersk Line expands presence between Canada and Europe

Maersk Line, the world’s largest shipping company, announced on May 23rd the expansion of its product portfolio between Europe’s Mediterranean region and Canada to cater for the growing demands of importers and exporters on both sides of the Atlantic. The new service offers direct calls to Montreal and Halifax, upgrading Maersk Line’s Transatlantic coverage, improving product reliability, and catering for growing demands of customers in both Canada and Europe. A benefit ... [+]

New Maersk Line ‘MMX’ Service for Halterm International Container Terminal

A new Maersk Line Mediterranean – Montreal Express service is expected to call at Halterm International Container Terminal, as its last port in Canada before direct calls in Valencia (Spain), Salerno and La Spezia (Italy) finishing its eastbound calls at Fos sur Mer (France). The service commences on July 2nd, 2018, ... [+]

Maersk Line Appoints New Leadership in North America

Maersk Line announces the appointment of Omar Shamsie as the new president of Maersk Line in North America effective December 1st, 2017.  His most recent position was president of Maersk Line Latin America & the Caribbean and before that president of Maersk Line Canada.  Mr. Shamsie’s rich background also includes ... [+]

Maersk Line deploys its first 2nd generation Triple-E

Maersk Line deployed its first second generation Triple-E vessel on April 27, 2017, when the Madrid Maersk, a 20,568 TEU container vessel called the Port of Tianjin in China. This was the first port on its maiden voyage. Maersk Line has deployed Madrid Maersk in its Asia – Europe service ... [+]

Maersk makes contingency plans due to Spain’s port strike

Due to the port strike in Spain, Maersk Line says in a letter to customers that it plans to reroute vessels to minimize disruption of its cargo flows. Spanish port worker strikes are escalating throughout Spain as a consequence of government plans to reform the Spanish Ports Act, which will change ... [+]

Maersk Introduces App

Maersk Line is launching a mobile app that will allow users to track cargo en route in real time and access comprehensive information on shipments, check schedules, and any changes in destination and documentation. Key features of the app are: Live Tracking - Keep up-to-date with up-to-the-minute information on all ... [+]

Maersk Line announced Adjustment of Terminal Handling Charges (THC)

Maersk Line announced Adjustment of Terminal Handling Charges (THC) Based on a commercial decision by Maersk Line China, the company is acting to modify the average Terminal Handling Charges (THC) with effective date 1st April. The average THC across China will be adjusted from RMB 681,05/TEU to RMB 566,02/TEU. The new THC ... [+]

Maersk Line reports a 2016 loss of USD 376 million

Maersk Line reported a 2016 result that is $1.679 million lower than the 2015 result ($1.303 million). The overriding reason for the loss is a 19% decline in freight rates compared to 2015. Revenue was $20.7 billion, which is 13% lower than 2015 ($23.7bn). Volumes were 9.4% higher as Maersk Line ... [+]

Maersk Line, MSC and HMM enter strategic cooperation

Maersk Line, Mediterranean Shipping Company (MSC) and Hyundai Merchant Marine (HMM) announced a new strategic cooperation on December 12. The cooperation is a combination of slot exchanges and slot purchases between the three parties, as well as Maersk Line and MSC taking over a number of charters and operations of vessels ... [+]

Maersk Line to acquire Hamburg Süd

Maersk Line and the Oetker Group have reached an agreement for Maersk Line to acquire Hamburg Süd, the German container shipping line. The acquisition is subject to final agreement and regulatory approvals. Hamburg Süd is the world’s seventh largest container shipping line and a leader in the North – South trades. ... [+]

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