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

MAERSKb.CO on Copenhagen Stock Exchange

2 Oct 2015
Change (% chg)

kr.-60.00 (-0.58%)
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 issues $1 bln bond loan
Tuesday, 22 Sep 2015 01:05am EDT 

AP Moeller Maersk A/S:Says has launched and priced its second USD bond offering.Says transaction includes a $500 million bond due in Sept 2020 and a $500 million bond due in Sept 2025, with coupons of 2.875 percent and 3.875 percent respectively.Says both tranches are expected to be rated BBB+ by S&P and BAA1 by Moody's. Net proceeds will be used for general corporate purposes.Says underwriters were BNP Paribas, BofA Merrill Lynch, Credit Agricole, Deutsche Bank Securities, and J.P. Morgan.  Full Article

Maersk Tankers places $300 mln ship order with Samsung Heavy Industries-Reuters
Friday, 18 Sep 2015 08:14am EDT 

AP Moeller Maersk A/S:Maersk unit Maersk Tankers has placed a $300 million order for nine medium-range tankers from Samsung Heavy Industries' Ningbo shipyard in China-Reuters.The nine vessels, whose flag states have yet to be determined, will join the Maersk Tankers fleet during 2017 and 2018.  Full Article

Maersk keeps group profit outlook for FY 2015-Reuters
Wednesday, 9 Sep 2015 02:49am EDT 

AP Moeller Maersk A/S:Keeps its expectation of an underlying profit of $4 billion for FY 2015 compared to $4.5 billion in FY 2014-Reuters.Reiterates its cash flow for this year will amount to $8 billion from an earlier expected $9 billion.  Full Article

AP Moeller Maersk to buy majority stake in Spanish container terminal operator
Tuesday, 8 Sep 2015 03:10am EDT 

AP Moeller Maersk A/S:Port operator APM Terminals, part of Danish shipping and oil group A.P. Moller-Maersk, has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its 11 container terminals.The transaction is expected to close by the end of the year. Terms and the price were not disclosed.  Full Article

Maersk wins UK approval for production at North Sea's Culzean gas field
Monday, 31 Aug 2015 03:00am EDT 

AP Moeller Maersk A/S:Maersk Oil has received approval by the UK's Oil & Gas Authority to develop the largest gas field discovered in the UK North Sea in more than a decade, the Danish oil company said on Monday.The Culzean field is expected to produce enough gas to meet five percent of total UK demand at peak production in 2020/21.Discovered in 2008, Maersk Oil and its co-venture partners, JX Nippon JXHLY.PK and BP Plc BP.L will invest around £3 billion ($4.63 billion) in the development.Maersk Oil, a unit in Denmark's shipping and oil group A.P. Moller-Maersk MAERSKb.CO, said the gas condensate field contains an estimated 250-300 million barrels of oil equivalent.Production is expected to start in 2019 and continue for at least 13 years, with plateau production of 60,000-90,000 barrels of oil equivalent per day.Maersk Oil said last week it would seek regulatory permission to shut its Janice installation, which produces around 7,000 barrels per day from three UK North Sea oilfields, due to falling oil prices.  Full Article

AP Moeller Maersk unit Svitzer places order for six tugboats at Sanmar Shipyard-Reuters
Wednesday, 26 Aug 2015 06:25am EDT 

Svitzer, a unit in AP Moller-Maersk:Svitzer signs contract with Sanmar Shipyard in Turkey to build six tug vessels-Reuters.Delivery of the first tugs expect in fourth quarter 2016.The new fleet will be 70 Tonne bollard pull RAstar 2800-E Class ASD tugs.  Full Article

AP Moeller Maersk to invest $200 mln in port in Colombia-Reuters
Thursday, 13 Aug 2015 05:10am EDT 

AP Moeller Maersk A/S:Says subsidiary APM Terminals to invest $200 million in upgrades and equipment to handle post-panamax vessels in Colombia-Reuters.Says APM Terminals has signed a joint venture agreement to jointly manage and operate Compas S.A.'s existing multipurpose Cartagena terminal in Colombia.While Compas S.A. will continue to be the concession holder, APM Terminals will hold a 51 percent majority share in the joint venture that will run the facility.  Full Article

AP Moeller Maersk maintains FY 2015 guidance; launches buy-back programme
Thursday, 13 Aug 2015 02:56am EDT 

AP Moeller Maersk A/S:Keeps outlook for FY 2015 of an underlying net profit of around $4 billion.Says to launch a share buy-back programme of up to $1 billion.  Full Article

Maersk Drilling gets $16 mln rig contract
Monday, 10 Aug 2015 03:50am EDT 

AP Moeller Maersk A/S:Maersk Drilling, a unit of shipping and oil firm A.P. Moller-Maersk MAERSKb.CO has received a contract for the jack-up rig Maersk Giant with Danish energy company Dong.The firm contract covers 150 days of work on the Nini and Siri fields in the Danish part of the North Sea. The estimated contract value is $16 million it said.  Full Article

AP Moeller Maersk A/S gets $142 mln in Norway rig extension
Monday, 27 Jul 2015 03:03am EDT 

AP Moeller Maersk A/S:Says Maersk Drilling has been awarded a contract extension for the jack-up rig Maersk Innovator with ConocoPhillips COP.N for work on the Eldfisk field offshore Norway.Says duration of the contract extension is 16 months.Says the estimated value of the contract extension is $142 million.  Full Article

Maersk says it wants to bid in Mexico port expansion

MEXICO CITY, Sept 29 - The ports division of Denmark's A.P. Moller-Maersk is looking to participate in the tender to expand the Port of Veracruz in southeastern Mexico, the company said in a statement on Tuesday.

Search Stocks