AP Moeller - Maersk A/S (MAERSKb.CO)
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COPENHAGEN, Feb 8 A.P. Moller-Maersk missed fourth-quarter profit expectations on Wednesday as the world's largest shipping company pressed on with changes, taking impairments, slashing its dividend and announcing a new chairman.
COPENHAGEN A.P. Moller-Maersk missed fourth-quarter profit expectations on Wednesday as the world's largest shipping company pressed on with changes, taking impairments, slashing its dividend and announcing a new chairman.
FLORENCE, Italy A.P. Moller-Maersk is considering selling its oil and gas business in Brazil as the shipping giant's energy group narrows operations in a restructuring, its chief executive said.
SHANGHAI Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.
COPENHAGEN/LONDON Talks between shipping group A.P. Moller-Maersk and DONG Energy to merge their oil and gas business have stalled after the two Danish firms could not agree on a price, industry and banking sources said on Wednesday.
COPENHAGEN The acquisition of German shipping company Hamburg Süd will replace some 60 percent of revenue lost when A.P. Moller-Maersk spins off its energy division, the head of the Danish company said on Tuesday.
COPENHAGEN/SEOUL Doubts about the future of Hyundai Merchant Marine Co Ltd surfaced on Friday after Denmark's Maersk Line said the South Korean shipping firm was no longer being considered for the 2M vessel-sharing alliance.
LONDON Denmark's A.P. Moller-Maersk and DONG Energy are in talks to merge their oil and gas operations in a deal that would create a business worth more than $10 billion including debt, sources familiar with the matter said.