MAERSK-B.CO - A.P. Møller - Mærsk A/S

Copenhagen - Copenhagen Real Time Price. Currency in DKK
7,200.00
-190.00 (-2.57%)
At close: 4:59PM CEST
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Previous Close7,390.00
Open7,490.00
Bid7,228.00 x 0
Ask7,234.00 x 0
Day's Range7,030.00 - 7,490.00
52 Week Range6,555.90 - 9,034.00
Volume71,858
Avg. Volume25,165
Market Cap145.067B
Beta (3Y Monthly)1.00
PE Ratio (TTM)47.28
EPS (TTM)152.28
Earnings DateN/A
Forward Dividend & Yield150.00 (1.78%)
Ex-Dividend Date2019-04-03
1y Target Est1,548.30
  • Thomson Reuters StreetEventsyesterday

    Edited Transcript of MAERSK B.CO earnings conference call or presentation 24-May-19 10:00am GMT

    Q1 2019 AP Moeller - Maersk A/S Earnings Call

  • Benzingayesterday

    Port Report: Maersk Issues Downbeat Outlook On World Trade

    Improved vessel utilisation is the key to maintaining profitability in what is expected to be a challenging market according to Soren Skou, Chief Executive Officer of Maersk. The company has maintained a tight rein on capital expenditure over the past year with no large terminal projects or costly new ships ordered and this policy will continue until at least 2020, said the company. The container carrier currently has around 4 million twenty-foot equivalent (TEU) of capacity in its vessel operations, and with the container trade expected to grow by 1 percent to 3 percent, there would ordinarily be some expansion in capacity.

  • Reuters2 days ago

    Maersk warns trade tensions are hurting shipping growth

    A.P. Moller-Maersk , the world's largest container shipping company, warned on Friday that trade tensions and an economic slowdown are slowing growth in global freight. Maersk, which is seen as an indicator of global trade patterns, cut its forecast for global growth in container traffic this year due to the trade dispute between the United States and China. "The recent escalation of the trade war induced by an increase in tariff rates and threats of implementing additional tariffs could take global container trade growth to the lower end of the 1-3% interval (range)," CEO Chief Executive Soren Skou said, referring to a forecast range it had given three months ago.

  • Maersk Shares Tank After CEO Talks to Analysts About Trade War
    Bloomberg2 days ago

    Maersk Shares Tank After CEO Talks to Analysts About Trade War

    Shares in the world’s biggest shipping company slumped on Friday after its chief executive officer started discussing the fallout of global trade tensions on his industry. A.P. Moller-Maersk A/S fell almost 5% in Copenhagen trading, as CEO Soren Skou told analysts and reporters that 2019 will be the year of the trade war. Maersk, which transports about a fifth of the world’s manufactured goods by sea, is struggling to cope with the threat that escalating trade tensions pose to its business.

  • Financial Times2 days ago

    Maersk warns shipping faces more pain from trade war

    The world’s largest container shipping line has warned of “considerable uncertainties” due to an escalating trade war between the US and China that is likely to further hurt a fragile industry. AP Moller-Maersk said new tariffs between the two countries could reduce expected growth in container volumes by up to 1 percentage point, bringing it closer to the lower end of its 1-3 per cent forecast for this year. The container shipping industry is a bellwether for global trade and has suffered since the financial crisis of 2008 with growth rates half what they were beforehand.

  • The world's largest shipping firm warns of 'considerable uncertainties' as trade tensions rise
    CNBC2 days ago

    The world's largest shipping firm warns of 'considerable uncertainties' as trade tensions rise

    Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute "considerable uncertainties."

  • Reuters2 days ago

    Maersk profit in line but trade tensions a concern

    Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute "considerable uncertainties". ...

  • Reuters16 days ago

    How Total's CEO pounced on Anadarko's African energy assets

    It took Total's chief executive and a small group of advisers just days to line up the French energy major's biggest acquisition in almost two decades when it agreed to buy the African assets of U.S. firm Anadarko. Patrick Pouyanne pounced after Occidental Corp trumped Chevron's $33 billion bid for Anadarko in April with an offer that includes raising financing by selling some of Anadarko's operations worth up to $15 billion. By keeping those in the know to a minimum, the French CEO was able to stay flexible in negotiations, take a swift decision and ensure there were no leaks until the binding deal worth $8.8 billion was announced on Sunday, a Total source said.

  • FreightHub, the European digital freight forwarder, collects $30M Series B
    TechCrunch24 days ago

    FreightHub, the European digital freight forwarder, collects $30M Series B

    FreightHub, the European digital freight forwarder, has raised $30 million in Series B financing. Leading the round is Rider Global -- a venture fund said to be founded by logistics experts -- along with Maersk Growth, the corporate venture arm of container shipping giant A.P. Moller-Maersk. Existing investors Northzone, Rocket Internet's Global Founders Capital (GFC), and Cherry Ventures also participated.

  • Benzinga26 days ago

    Maersk Raises 'Table Stakes' In Ocean Freight With Online Customs Clearance For Select European Markets

    Putting export-import documents online may make a difference between container arriving to customer on time or sitting in a warehouse. Maersk is moving to a more frictionless future in ocean freight with online customs clearance in seven European countries. Customs clearance, an add-on feature of Maersk's online ocean freight quoting system, raises the "table stakes" for what ocean carriers are expected to provide customers going forward.

  • Benzingalast month

    Port Report: Hyundai Merchant Marine Head Heads To Europe For Maersk And MSC sitdown

    Korea's only remaining container ship line may want to go beyond its slot sharing deal, but Western carriers wary on subsidized shipping. The new chief of South Korea's container shipping company, Hyundai Merchant Marine (HMM), is looking to get in good stead with the world's largest container shipping alliance, 2M, as his company faces questions about its survival. Jae-hoon Bae was appointed to head Hyundai one month ago, largely at the request of the company's largest shareholder, state-owned Korea Development Bank (KDB).

  • Benzingalast month

    Port Report: Europe's Ocean Freight Industry Innovates While Los Angeles's Waits, Again

    A group of the world's biggest container ship companies aims to end the Tower of Babel built over the last half century in ocean freight. The Digital Container Shipping Association (DCSA), comprised of Maersk, Mediterranean Shipping Company (MSC), Hapag-Lloyd, and Ocean Network Express (ONE) said it is officially open after the U.S. Federal Maritime Commission gave its permission to allow the carriers to talk amongst themselves.

  • Benzingalast month

    Port Report: Port Of Los Angeles Faces Choice On Its Future Path With APM Terminal Vote

    The board that heads the Port of Los Angeles will vote today on a relatively small project, but one with ramifications well beyond the port's gates. The board is scheduled for a rehearing today of an appeal to deny the APM Terminals subsidiary of Maersk a permit to install electric charging stations, scaffolding and additional equipment at its Pier 400 facility. The International Longshore and Warehouse Union (ILWU) asked the board to deny the permit, saying it would be the first step to automating their members out of work.

  • Benzinga2 months ago

    Port Report: Carriers And Shippers Need To End 'Addiction To Cheapness' In Ocean Freight

    Could this be the year ocean carriers get shippers to pay up? The world's container ship lines want to go cold turkey on non-remunerative ocean freight rates. Alison Leavitt, managing director of the Wine and Spirits Shippers Association, told a crowd at the Coalition of New England Companies for Trade that shippers should prepare for ocean carriers to hold the line on rates that can better cover their costs this year.

  • Benzinga2 months ago

    IncoDocs Offers Digitalisation To Diverse Shipping Diaspora

    Australian start-up IncoDocs has successfully raised Australian $1.2 million ($855,000) in seed funding from three major investors, including Maersk Growth, Transition Level Investors and Blackbird Ventures, the company announced today. Based in Brisbane, Australia, IncoDoc's vision is to provide all companies, regardless of their size, the opportunity "to participate and thrive in global trade." To achieve that IncoDocs has developed a system that will allow small- and medium-sized enterprises to take part in the digital revolution by simplifying and automating the complex documentation process. "At IncoDocs, we have experienced first-hand the challenges that (small and medium shippers) face in global trade.

  • Benzinga2 months ago

    Livingston Joins TradeLens Blockchain Shipping Platform

    Livingston International has joined TradeLens, the blockchain shipping initiative developed by Maersk and IBM. The Canadian customs broker and Blockchain in Transport Alliance (BiTA) member will take part in a pilot program involving the Canada Border Services Agency (CBSA). Livingston will be responsible for inputting and accessing shipment information, and streamlining procedures.

  • Benzinga2 months ago

    Departure Of Maersk's No. 2 Executive Marks Official End Of Liner Operator's Foray Into Oil And Gas

    The number two man at Maersk is departing as the Danish company largely completes the divestment of its energy business. Claus Hemmingsen, a 38-year veteran of Maersk, will depart from the world's largest shipping company by the end of June, the company said today. In addition to sitting behind Chief Executive Officer Soren Skou, Hemmingsen headed Maersk's energy division since 2016.

  • Benzinga2 months ago

    Port Report: Maersk Aims For Lead In Transportation And Logistics Through 'Focused' Deals

    Chairman makes mea culpa on previous energy bets as he pledges the focus will be making container shipping simple and easy. Jim Snabe, the chairman of the board of directors for Maersk, laid bare the difficult straits that faced the world's largest shipping company as it jettisons legacy businesses to make a hard tack toward becoming a leading integrated transportation-and-logistics company. Snabe, who took the chairman's role in 2017, said the company's poor performance last year reflected the ongoing challenges facing the container shipping industry overall.

  • Maersk management given time to turn around 'supertanker'
    Reuters2 months ago

    Maersk management given time to turn around 'supertanker'

    The main shareholder and the chairman of Danish shipping group A.P. Moller-Maersk both backed management's efforts to reshape the business, although other investors raised concerns on Tuesday about the rate of progress. The company is a "supertanker" that takes a long time to turn around, Ane Maersk Mc-Kinney Uggla, chairwoman of the A.P. Moller Foundation, which owns a controlling stake in the company, told reporters before the company's annual meeting.

  • Benzinga2 months ago

    Berlin-Based Food Logistics Startup Lands $11M In Series A

    Berlin-based fliit , a digital logistics startup that connects food shippers and carriers in Germany, has raised €10 million ($11,231,530) in a Series A round. Participants included Maersk Growth and Alstin ...

  • Benzinga2 months ago

    Maersk Ends Spin-Off Of Supply Service Business Amid Weak Demand In Offshore Oil Productions

    Maersk cancelled plans to sell its offshore oil support fleet, citing poor market conditions for a sale. Maersk Supply Service, which has about 40 offshore supply ships in its fleet, was listed for sale in 2017, part of the broad exit of Maersk from its energy business, which included tankers and oil drilling. Maersk had hoped to find a buyer or split-off Maersk Supply Service by the end of last year.

  • Benzinga2 months ago

    Sale Of Gioia Tauro Terminal Expected Within Weeks

    Negotiations continue between Contship Italia and a consortium including Geneva-based shipping line Mediterranean Shipping Company (MSC) for the sale of Contship's shares in the southern Italian port of Gioia Tauro. Sources close to the deal indicated that the sale of Contship Italia's 50 percent stake in Gioia Tauro could be agreed to within the next few weeks after nearly three years of talks. MSC already owns a 50 percent stake in the Medcenter Container Terminal (MCT) at Gioia Tauro through its investment vehicle, CSM.

  • Benzinga2 months ago

    Port Report: Maersk Aims To Beat The Regulatory Clock On Carbon-Free Shipping

    World's biggest shipping line trials a backhaul voyage with biofuel in a bid to get jump on 2050 target for shipping industry to go zero carbon. Maersk (Nasdaq OMX: MAER.B) and its partners are set to launch a decarbonisation pilot project that will begin this week with the departure of an ultra-large container ship (ULCS) from Rotterdam, en route to Shanghai using biofuels. Partnering with eight multinational companies that established the Dutch Sustainable Growth Coalition (DSGC) in 2012, Maersk has agreed to sail one of the first ULCSs, the 18,000 twenty-foot equivalent unit (TEU) Mette Maersk on a return journey using up to 20 percent sustainable second-generation biofuels that will save 1,500 tons of carbon and 20 tons of sulfur in a single voyage.