- Reuters•last month
Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that means it will pay less tax on its North Sea oil and gas activities through 2025. The deal, which has been under negotiation for months, makes it viable to redevelop the Tyra field through which 90 percent of Denmark's gas production is processed, and it is seen as crucial for the Danish company that is seeking to spin off its energy assets via a listing or merger. Maersk and its partners in the Danish Underground Consortium (DUC) -- Shell, Chevron and state-owned Nordsofonden -- with whom it owns Tyra, will decide on the redevelopment of the field by the end of the year, Maersk said.
- Reuters•last month
LONDON/SINGAPORE, March 22 (Reuters) - The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on Wednesday. The world's biggest container group, Denmark's A.P. Moller-Maersk, together with second largest line MSC of Switzerland, Germany's Hapag Lloyd, Taiwan-based Evergreen and Hong Kong-based Orient Overseas Container Line (OOCL) said their executives were among those who had been subpoenaed.
- Reuters•2 months ago
IBM and Danish transport company Maersk said they were working together to digitize, manage, and track shipping transactions using blockchain technology. The blockchain solution being built by the two companies is expected to be made available to the ocean shipping industry later this year, according to a joint statement from International Business Machines Corp and the container unit of A.P. Moller-Maersk. It would help manage and track the paper trail of tens of millions of shipping containers globally by digitizing the supply chain process from end to end.
MAERSK-B.CO : Summary for A.P. Mller - Mrsk B A/S - Yahoo Finance
A.P. Møller - Mærsk A/S (MAERSK-B.CO)
Copenhagen - Copenhagen Real Time Price. Currency in DKK
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|Day's Range||11,440.00 - 11,640.00|
|52 Week Range||7,775.00 - 12,380.00|
|PE Ratio (TTM)||-123.22|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|