AP Moeller - Maersk A/S (MAERSKb.CO)
20 Jan 2017
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.
Nov 28 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:
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.
LONDON, Nov 28 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.
* Maersk has informed Bagpuss joint venture of its decision to not renew Bagpuss and Blofeld Licence P.1943 in UK North Sea Source text for Eikon: Further company coverage:
COPENHAGEN Maersk Oil, the energy arm of A.P. Moller-Maersk, said on Thursday it remains optimistic it will secure a tax deal by the end of the year allowing it to continue production at the Tyra gas field in the Danish part of the North Sea.
COPENHAGEN A.P. Moller-Maersk , the world's biggest shipping firm, said the container business on which it is staking its future made a loss in the third quarter of the year as freight rates declined further.