AP Moeller - Maersk A/S (MAERSKb.CO)
* Company says profit to fall this year (Adds CEO comment, analyst)
COPENHAGEN, Aug 2 Maersk Drilling will cut 122 jobs in the United States due to the early termination of a contract for deepwater rig Maersk Valiant, a spokeswoman told Reuters.
* Early termination agreement for the deepwater unit Maersk Valiant has been signed by Maersk Drilling, ConocoPhillips and Marathon Oil with effect from mid-September 2016
July 14 South Korean shipper Hyundai Merchant Marine Co Ltd said on Thursday that it had signed a preliminary deal to join a 2M vessel-sharing alliance of Maersk Line and Mediterranean Shipping Co (MSC), the world's two largest container shippers.
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.
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.
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.
June 23 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
* GRAPHIC - biggest container lines: http://tmsnrt.rs/1ZTgRlA
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.
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