Plans for Maersk and subsidiary Hamburg Sud to move to owned terminals in New York have kicked off a legal fight with Global Container Terminals (GCT) seeking an emergency restraining order to stop the Danish carrier from leaving before its contract runs out. Maersk is keen to move from GCT’s...
https://splash247.com/new-york-terminal-attempts-to-put-an-emergency-restraining-order-on-maersk/
From American Shipper comes the news that North American terminal operator Global Container Terminals (GCT) has requested an emergency restraining order from a New York court to prevent Maersk and Hamburg Süd from moving their vessel calls to the APMT-controlled facility at Port Elizabeth in New Jersey.
According to American Shipper, Maersk has notified GCT it intended to move to Port Elizabeth on 1 May, but under the terms of the …
The post New York terminal scrambles to block Maersk early exit
https://theloadstar.com/new-york-terminal-scrambles-to-block-maersk-early-exit/
http://mfame.guru/abs-unveils-trends-and-projections-to-achieve-decarbonization/
Greg Miller, senior editor for freightwaves, reports that container shipping companies including Maersk Line, MSC and others continue to “blank” (cancel) transoceanic sailings to bring vessel capacity in line with pandemic-stricken cargo demand. As a result...
http://mfame.guru/a-record-number-of-blank-sailings-for-only-one-reason/
Maersk Drilling has received notice of contract termination for two rigs, semi-submersible Maersk Developer and jackup Maersk Reacher. BG International, a subsidiary of Shell, terminated the contract for 2009-built semi-submersible Maersk Developer with immediate effect. The contract was originally...
https://splash247.com/maersk-drilling-contracts-terminated-by-shell-and-aker-bp/
In a major development, Maersk has announced that they are suspending their TA4 service as market demand reductions continue in America and Europe, says an article published on their website.
What is it?Due to market demand reductions in North America and Europe caused by the COVID-19 pandemic and the challenges that we are all facing in managing the supply chain, Maersk is working to ensure all challenges are managed in the best way possible along this supply chain including, balancing our...
http://mfame.guru/maersk-announces-covid19-cpacity-adjustment-in-transatlantic-services/
The risk of another major ocean carrier bankruptcy has grown with the worsening global economic outlook, liner consultancy Alphaliner said today.
It explained that the unprecedented amount of capacity withdrawn in April and May, a result of a collapse in demand, “will hurt carriers’ operating cashflows and further weaken their fragile balance sheets”.
Picking up on the carrier Altman Z-scores, as at the end of December last year, for the 11 largest …
In a major development, Maersk, the global logistics company, urged their customers to make full use of their online platforms to stay safe and to do business in this time of coronavirus pandemic, reports ITLN.
Maersk Digital InvestmentOver the last few years, Maersk has increasingly invested in its digital platforms to find new ways to simplify container transport, cut down on turnaround time, reduce costs and boost transparency for its customers worldwide.
India is currently under 21-day...
http://mfame.guru/maersk-sails-through-covid19-by-offering-digital-platform-services/
Hamburg Süd has named Lasse Carøe Henningsen (pictured above) to replace chief financial officer Jakob Wegge-Larsen at the beginning of June.
Mr Wegge-Larsen, who started in the role in December 2017 but assumed the duties of chief financial officer for parent company Maersk’s Ocean & Logistics division in February, is to move to Copenhagen.
Mr Henningsen, 46, will be in charge of Hamburg Süd’s business finance and accounting divisions and join the …
The post Lasse Carøe Henningsen set to take...
https://theloadstar.com/lasse-caroe-henningsen-set-to-take-over-as-cfo-at-hamburg-sud/
Maersk has endeavoured to make a series of blank sailings to match demand between Far East Asia and Middle East, due to the coronavirus crisis. The Danish company aims to minimise the impact on its customers’ supply chain and provides predictability by securing a service plan and alternative routings upfront.
Impacted Trade: Far East Asia to/from Middle East
MDV 1 CMB DOH JAL FEEDER | 017W | Colomb... |
https://container-news.com/maersk-announces-abx-blank-sailings/