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Tue, Jun 28 2016

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Loss of Qatari oil contract piles pressure on Maersk profits

COPENHAGEN/LONDON Denmark's A.P. Moller-Maersk has lost a major oil production contract in Qatar this week, just days after the shipping and oil group said it was considering a break-up due to worsening market conditions, shipping and banking sources say.

France's Total wins stake in Qatar's Al-Shaheen oilfield

DOHA Total has won a 30 percent stake in a new 25-year contract to operate Qatar's largest offshore oilfield, officials said on Monday, in the second major upstream development deal for the French oil firm in the Gulf region in as many years.

REFILE-UPDATE 2-France's Total wins stake in Qatar's Al-Shaheen oilfield

DOHA, June 27 Total has won a 30 percent stake in a new 25-year contract to operate Qatar's largest offshore oilfield, officials said on Monday, in the second major upstream development deal for the French oil firm in the Gulf region in as many years.

RPT-Maersk battles to stay on top as container shipping downturn deepens

* GRAPHIC - biggest container lines: http://tmsnrt.rs/1ZTgRlA

Maersk battles to stay on top as container shipping downturn deepens

LONDON Denmark's Maersk Line is fighting to remain the world's no.1 container shipping carrier as a wave of mergers and acquisitions, particularly in Asia, creates new challengers trying to grab a bigger share of a depressed market.

RPT-Maersk battles to stay on top as container shipping downturn deepens

* GRAPHIC - biggest container lines: http://tmsnrt.rs/1ZTgRlA

Maersk battles to stay on top as container shipping downturn deepens

* GRAPHIC - biggest container lines: http://tmsnrt.rs/1ZTgRlA

BRIEF-Maersk's APM Terminals signs contract with Volvo in India

June 17 A. P. Moller-Maersk's port unit APM Terminals

UPDATE 1-Maersk heir takes top post in holding company

* Many internal, external candidates for Maersk CEO - analyst (Adds comments from Maersk, analysts, background)

Maersk heir takes top post in holding company

COPENHAGEN, June 13 A.P. Moller-Maersk on Monday appointed the grandson of Maersk Mc-Kinney Moller, who transformed a family shipping business into an international conglomerate, as chief executive of the holding company behind the Danish shipping giant.

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