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Tag Archives: Maersk

FIR application against Maersk and QICT for taking illegal charges & holding goods

Soren Skou and Claus V Hammingsen

KARACHI: Shipping line Maersk, its subsidiary in Pakistan, M/S Maersk Pakistan (Pvt) Ltd and Qasim International Container Terminal (QICT) are blackmailing genuine importers through illegal holding & blocking of their imported goods for the sake of demanding additional demurrage and detention charges in violation of relevant customs laws. Importers have filed application to lodge FIR against this shipping line, its ... Read More »

Danish Maersk drilling announces deal with Conocophillip to extends jackup

maersk

COPENHAGEN: Maersk Drilling has announced that ConocoPhillips Norway has signed a contract extension for the jackup rig Maersk Innovator (built 2002) for work on the Eldfisk field, offshore Norway. The new contract, valued at around $142m, is for a period of 16 months and begins when the current contract expires in February 2017. “We are very pleased to see the ... Read More »

Danish Maersk gets 5 years extension for drilling semi-sub in Caspian

maersk

COPENHAGEN: BP Exploration (Shah Deniz) has awarded a $523m, five-year extension to Maersk Drilling’s Heydar Aliyev semi-submersible rig. The rig’s current contract off the coast of Azerbaijan in the Caspian Sea was due to expire in May 2016, and the extension will directly continue that deployment. “We are very pleased with the extension for the Heydar Aliyev rig and look ... Read More »

Danish Maersk to lay off 180 employees in Norway

maersk1

COPENHAGEN: Maersk Drilling Norway will lay off between 180 and 190 employees from three drilling rigs, the company’s employee union, MAF, has announced. According to MAF, the employees will be laid off because the company’s contracts for two of the drilling rigs, Mærsk Giant and Mærsk Guardian, will end in September and October. Additionally, a new client for the drilling ... Read More »

Danish Maersk to lay off 180 employees in Norway

maersk

COPENHAGEN: Maersk Drilling Norway will lay off between 180 and 190 employees from three drilling rigs, the company’s employee union, MAF, has announced. According to MAF, the employees will be laid off because the company’s contracts for two of the drilling rigs, Mærsk Giant and Mærsk Guardian, will end in September and October. Additionally, a new client for the drilling ... Read More »

Maersk pays staff’s salaries early, no funding issue in Greece operations

maersk

COPENHAGEN: Oil and shipping conglomerate A.P. Moller-Maersk said it was experiencing no problems funding operations in Greece or getting paid by Greek customers despite the imposition of capital controls by Athens. Maersk Line, the world’s largest container shipping company, has offices in Greece and vessels passing though its ports. Maersk’s terminal operator unit, APM Terminals, was invited to bid for ... Read More »

Maersk takes a tumble as rates increases by 167% per TEU

maersk1

COPENHAGEN: Rates this week jumped a whopping 167% or $343 to $548 per TEU as carriers were finally able to implement a GRI on the battered Asia-North Europe trade. Despite the increase, rates are still estimated to be below break-even levels and are 50% lower than the corresponding period last year. Year-to-date the figures reflect the weakness in the trade ... Read More »

Maersk takes a tumble as rates increases by 167% per TEU

maersk1

COPENHAGEN: Rates this week jumped a whopping 167% or $343 to $548 per TEU as carriers were finally able to implement a GRI on the battered Asia-North Europe trade. Despite the increase, rates are still estimated to be below break-even levels and are 50% lower than the corresponding period last year. Year-to-date the figures reflect the weakness in the trade ... Read More »

Danish Maersk to lay off 180 employees in Norway

maersk

COPENHAGEN: Mærsk Drilling Norway will lay off between 180 and 190 employees from three drilling rigs, the company’s employee union, MAF, has announced. According to MAF, the employees will be laid off because the company’s contracts for two of the drilling rigs, Mærsk Giant and Mærsk Guardian, will end in September and October. Additionally, a new client for the drilling ... Read More »

Danish Maersk to lay off 180 employees in Norway

maersk

COPENHAGEN: Mærsk Drilling Norway will lay off between 180 and 190 employees from three drilling rigs, the company’s employee union, MAF, has announced. According to MAF, the employees will be laid off because the company’s contracts for two of the drilling rigs, Mærsk Giant and Mærsk Guardian, will end in September and October. Additionally, a new client for the drilling ... Read More »

Danish Maersk to miss out Chennai Port again

maersk1

COPENHAGEN: The persistent congestion and frequent strikes have dented the image of Chennai Port Trust (ChPT). Besides, it has also resulted in diversion of cargo. As a contingency measure, Maersk Line, one of the biggest shipping companies, has once again decided to skip ChPT. Instead it will call L&T Kattupalli Port, which is 30 km away from Chennai, on Saturday. ... Read More »

Maersk may continue to call at Port of Houston authority

maersk

COPENHAGEN: The world’s biggest shipping company, Maersk Line, and its affiliated shipping services, SeaLand and Safmarine, will continue to call at the Port of Houston Authority, which the carrier says is a key partner in helping provide the best service possible to its customers. According to Maersk, its current services that call the Port of Houston Authority’s terminals will remain ... Read More »

Maersk may continue to call at Port of Houston authority

maersk

COPENHAGEN: The world’s biggest shipping company, Maersk Line, and its affiliated shipping services, SeaLand and Safmarine, will continue to call at the Port of Houston Authority, which the carrier says is a key partner in helping provide the best service possible to its customers. According to Maersk, its current services that call the Port of Houston Authority’s terminals will remain ... Read More »

Danish Maersk Drilling to cut down its 200 employees

ship

COPENHAGEN: A.P. Moller–Maersk Group offshore drilling arm, Maersk Drilling, is in the process of making 180-190 employees redundant. In a statement on the employees association website, Maersk Ansarres Forning, the association said that discussions regarding the cuts have taken place and that affected employees would be contacted shortly. The redundancies come as a contract for jackup Maersk Giant comes to an ... Read More »

Danish Maersk Drilling to cut down its 200 employees

maersk

Copenhagen: A.P. Moller–Maersk Group offshore drilling arm, Maersk Drilling, is in the process of making 180-190 employees redundant. In a statement on the employees association website, Maersk Ansarres Forning, the association said that discussions regarding the cuts have taken place and that affected employees would be contacted shortly. The redundancies come as a contract for jackup Maersk Giant comes to ... Read More »

Danish Maersk Line gets Global Carrier of the Year

maersk

COPENHAGEN: Maersk Line was named Global Carrier of the Year after one of its most successful periods to date, with a US $2.3 billion profit for 2014, 55% up on 2013’s result. This was backed up by a number of innovations, including the 2M vessel sharing agreement (VSA), the ground-breaking Kotahi partnership and the continued rollout of the Customer Charter. ... Read More »

Danish Maersk Line orders 11 huge container ships worth of 12.3b Kroner

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COPENHAGEN: Danish shipping and oil group A.P. Moller-Maersk says it has ordered 11 huge container ships with an option to buy six more in a deal worth 12.3 billion kroner ($1.8 billion) Soeren Toft, spokesman for the shipping unit Maersk line, says the 400-meter (1,200 feet) ships “will help us stay competitive in the Asia-Europe trade and will be key ... Read More »

Maersk line average vessel size on the AE9 service to reduce from 9,500 TEU to 6500 TEU

maersk1

COPENHAGEN: The average vessel size on the AE9 service, operating between the Asia – Mediterranean trade, will be reduced from 9,500 TEU to 6,500 TEU – with the reduction in capacity mainly impacting Mediterranean. This development will meet both current and anticipated demands. Furthermore, our adjustments to the network will provide us with a more seasonal network, which will allow ... Read More »

Maersk line average vessel size on the AE9 service to reduce from 9,500 TEU to 6500 TEU

MAERSK LINE

COPENHAGEN: The average vessel size on the AE9 service, operating between the Asia – Mediterranean trade, will be reduced from 9,500 TEU to 6,500 TEU – with the reduction in capacity mainly impacting Mediterranean. This development will meet both current and anticipated demands. Furthermore, our adjustments to the network will provide us with a more seasonal network, which will allow ... Read More »

Maersk, Samsung to face charges in Petrobras corruption case: Brazilian Prosecutor

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COPENHAGEN: Brazil’s top prosecutor in the Petrobras corruption case has informed the US Department of Justice about evidence that a number of top international companies paid bribes to win contracts. Samsung Heavy Industries of South Korea, AP Moeller-Maersk of Denmark, Skanska AB of Sweden and Toyo Engineering Corp of Japan are the firms named by Carlos Lima, the senior prosecutor ... Read More »