Key Developments: AP Moeller - Maersk A/S (MAERSKa.CO)

MAERSKa.CO on Copenhagen Stock Exchange

10:59am EST
Change (% chg)

kr.100.00 (+1.01%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Search Stocks

Latest Key Developments (Source: Significant Developments)

AP Moeller Maersk meets Iranian officials over vessel, says no progress-Reuters
Monday, 4 May 2015 04:31am EDT 

AP Moeller Maersk A/S:Maersk Line said on May 4 it has met again with the Ports & Maritime Organization (PMO) in Iran regarding the seizure of the vessel Maersk Tigris-Reuters.Has still not received any official documents from Iranian authorities.Reiterates that it is not the owner of the vessel, which is unconnected to any cargo dispute, and therefore insists again the crew and vessel be released as soon as possible.  Full Article

Maersk insists on release of vessel and crew from Iran - Reuters
Thursday, 30 Apr 2015 05:42am EDT 

AP Moeller Maersk A/S:Says it insists on release of Maersk Tigris vessel crew, being held by Iranian authorities - Reuters.Assumes its seizure was related to 2005 court case over uncollected cargo from Dubai.  Full Article

AP Moeller Maersk says crew of vessel seized by Iran safe-Reuters
Wednesday, 29 Apr 2015 03:50am EDT 

AP Moeller Maersk A/S:Says crew of the Maersk Tigris container ship were safe and "in good spirits" after Iranian authorities seized the ship in international waters the previous day-Reuters.Says it was in dialogue with the Danish Foreign Ministry and seeking more information as it still did not know the reason for the seizure of the vessel.The vessel is managed by Singapore-based Rickmers Shipmanagement.  Full Article

AP Moeller Maersk's Maersk Oil has started oil production from new platform A/S-Reuters
Tuesday, 31 Mar 2015 02:00am EDT 

AP Moeller Maersk A/S' Maersk Oil:Says production of oil has started from the new unmanned platform Tyra in the Danish North Sea on time and on budget-Reuters.Says new oil platform is expected to add reserves of 50 million barrels of oil equivalent (boe) over the next 30 years to Danish production.The investment is the largest made by Danish Underground Consortium (DUC) since the approval of the Phase IV development of Halfdan in 2007.DUC is the partnership between A.P. Moller-Maersk (31.2 percent), Shell (36.8 percent), Nordsoefonden (20 percent) and Chevron (12.0 percent).  Full Article

AP Moeller Maersk gives terms for sale of its 20 pct stake in Danske Bank
Thursday, 19 Mar 2015 03:50am EDT 

AP Moeller Maersk A/S:Published the terms under which it will sell its 20 percent stake in Denmark's largest bank Danske Bank, a sale announced in February.It said the offer price would be determined using a volume-weighted average price of Danske Bank shares traded between March 20 and March 26.Based on a pro forma offer price of 170 crowns per share, estimated gross proceeds are 34.38 billion Danish crowns, if all shares are sold, Maersk said.Maersk said in February it would sell 15 percent to its controlling shareholder, the Moller family foundation, and 5 percent to other existing shareholders.  Full Article

AP Moeller Maersk to sell its 20 pct stake in Danske Bank
Wednesday, 25 Feb 2015 02:07am EST 

AP Moeller Maersk A/S:To sell its 20 percent stake in Danske Bank.Majority of stake to be sold to Maersk family foundation, which controls company.Proceeds, expected to amount to about $5.5 bln to be spent as dividends for shareholders.  Full Article

AP Moeller Maersk's Maersk Drilling slashes headquarter staff by 20 pct on low oil prices-Reuters
Wednesday, 4 Feb 2015 10:30am EST 

AP Moeller Maersk A/S:Maersk Drilling, a unit in conglomerate A.P. Moller-Maersk, said it would cut 90 jobs at its headquarters, or 20 percent of its staff there-Reuters.The reason behind the job cuts in weak rig market hit by a slump in oil prices.The cuts are part of a wider cost reduction and efficiency enhancement programme.  Full Article

AP Moeller Maersk: Maersk Drilling gets contract extension for jack-up rig
Monday, 24 Nov 2014 02:20am EST 

AP Moeller Maersk A/S:Maersk Drilling, a unit in shipping and oil conglomerate A.P. Moller-Maersk.Hess has exercised the four one-well options included in the current contract for the jack-up rig Maersk Resolute.Each of the four additional wells has an estimated duration of around 90 days implying an extension of the current contract by around 1 year.The current seven firm wells programme is expected to end by April 2015. With the exercising of the four one-well options, the rig will be employed until April 2016. The estimated value of the extension is around $75 million.  Full Article

AP Moeller Maersk initiates second phase of share buy-back program
Monday, 24 Nov 2014 02:04am EST 

AP Moeller Maersk A/S:Initiates second phase of share buy-back program.The second phase of the program will run from 24 November 2014 to 28 February 2015.The shares to be acquired will be limited to a total market value of DKK 3,320 million.A maximum of 75,000 a shares and 300,000 B shares can be acquired in the second phase of the buy-back program.  Full Article

AP Moeller Maersk A/S announces $1 billion Ghana port expansion
Thursday, 20 Nov 2014 05:44am EST 

AP Moeller Maersk A/S:Says APM Terminals signed a memorandum of understanding with the government in Ghana for an expansion of the Tema Port.The agreement included a "private investment" in excess of $1 billion.  Full Article

Search Stocks