MAERSK-B.CO - A.P. Møller - Mærsk A/S

Copenhagen - Copenhagen Real Time Price. Currency in DKK
7,596.00
+38.00 (+0.50%)
At close: 4:59PM CEST
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Previous Close7,558.00
Open7,574.00
Bid7,572.00 x 0
Ask7,596.00 x 0
Day's Range7,538.00 - 7,630.00
52 Week Range6,737.23 - 9,034.00
Volume12,736
Avg. Volume27,045
Market Cap152.094B
Beta (3Y Monthly)1.35
PE Ratio (TTM)N/A
EPS (TTM)-10.98
Earnings DateN/A
Forward Dividend & Yield150.00 (1.90%)
Ex-Dividend Date2019-04-03
1y Target Est1,548.30
  • Benzinga8 days ago

    Inside Box Shipping's Caribbean "Transshipment Triangle"

    It's easy to forget amidst the rickety beach shacks, reggae bands and palm fronds, but what happens in the Caribbean is enormously important to the global container shipping sector. The Caribbean is, after all, the crossroads of the Americas. Mainline east-west services from Asia to the U.S. East and Gulf Coast ply the Caribbean after transiting the Panama Canal, as do high-volume service strings connecting the west coast of South America (WCSA) to Europe, and the north-south services linking the U.S. with Brazil.

  • Financial Times10 days ago

    Total sells pool of North Sea oil assets for $635m

    Energy majors have sought to sell older fields in the ageing North Sea, where production has been falling, to smaller companies which believe they can squeeze out more value. This has boosted deal activity, despite some producers decommissioning old platforms and pipelines.

  • Benzinga11 days ago

    Port Report: Shippers, Rail Align For Maersk's Automation Plan

    Maersk's fight to bring automation to its largest North American marine terminal is getting support from shippers and non-ocean carriers concerned about the impact on the environment and the precedent of government overreach into the future of freight. The world's biggest shipping line faces a do-over as the Los Angeles Board of Harbor Commissioners plans yet another vote on July 11 on its coastal development permit.

  • Benzinga18 days ago

    Hapag-Lloyd, ONE Sign On For IBM-Maersk Blockchain Group

    Hapag-Lloyd (FSE: HLAG) and Ocean Network Express (ONE) says they will join the TradeLens blockchain platform developed by Maersk and IBM (NYSE: IBM). The fifth- and sixth-largest carriers respectively, Hapag-Lloyd and ONE join CMA CGM and Mediterranean Shipping Company (MSC) in using the platform. TradeLens now extends to more than half of the world's ocean container cargo.

  • Benzinga18 days ago

    Port Report: Singapore Mandates Accurate Distillate Fuel Meters As Of July 1

    Singapore, one of the world's biggest centers for the supply of marine fuels, is now enforcing the mandatory use of mass flow metering systems for the delivery of distillate fuels. To defray the cost of installing an Authority-approved mass flow meter, it offered subsidies of up to SG$60,000 for each existing bunker tanker already licensed to deliver distillates. Singapore is one of the world's largest, if not the largest, locations for the supply of marine fuel.

  • Benzinga19 days ago

    Port Report: THE Alliance Brings In Korea's Hyundai Marine As Member

    Hyundai Merchant Marine (HMM) will join THE Alliance as a full member. THE Alliance, which is also comprised of Germany's Hapag-Lloyd (FSE: HLAG), Japan's Ocean Network Express, and Taiwan's Yang Ming, said it established "a new cooperation" with its now four members lasting through 2030. Jae-hoon Bae, President and Chief Executive Officer of HMM said, "Being a full member of THE Alliance gives us a lot of pride.

  • Benzinga19 days ago

    Los Angeles City Council Votes Down Maersk's Automation Plans

    The Council's motion to deny Maersk's APM Terminals subsidiary a permit for installing equipment at its Pier 400 terminal to support automation comes one week after the board that governs the Port of Los Angeles narrowly approved the permit.

  • Benzinga22 days ago

    Tech Front Runner CargoMetrics Opens Up On Its Game Plan

    This is a milestone year for CargoMetrics, the Boston-based technology company whose big data machine tracks and analyzes global seaborne trade in near-real time. It's about to enter the next stage of its fleet-optimization partnership with Maersk Tankers and has just added two more partners on the dry bulk side – FedNav and Western Bulk. It's also planning to launch a revolutionary cargo-pricing transparency product called TruFreight.

  • Benzinga25 days ago

    Port Report: Maersk Debuts New Online Booking For Ocean Freight

    The new offering, Maersk Spot, provides customers a cargo loading guaranteed at a fixed price upfront. The world's biggest shipping line said the new product addresses fundamental inefficiencies that exist across the industry such as the lack of guaranteed space on a container ship and the potential for cargo to be rolled to another, later voyage. This creates a lot of uncertainty for our customers," said Silvia Ding, Global Head of Ocean Products at Maersk.

  • Benzinga29 days ago

    Port Report: Maersk Tests Waters For Carbon-Neutral Shipping

    Maersk will find out how much customers are willing to spend on its ambitious environmental agenda with a carbon-neutral container service. The world's biggest shipping line is offering voyages on ships using a blend of cooking oil and regular heavy fuel oil. The biofuel blend, which was produced by Shell, is a certified sustainable and carbon neutral fuel.

  • Benzingalast month

    APM Gets Los Angeles Port's Okay To Go Ahead On Automation Plan

    The Los Angeles Board of Harbor Commissioners narrowly approved a permit that would allow Maersk's terminals subsidiary to automate container moves at the largest marine terminal on the U.S. West Coast. The board voted three-to-two against an appeal of the permit filed by the local chapter of the International Longshore and Warehouse Union (ILWU). ILWU Local 13 opposes the move saying it would put jobs for yard drivers at risk.

  • Total cuts 200 jobs in Denmark
    Reuterslast month

    Total cuts 200 jobs in Denmark

    French oil major Total SA said on Thursday it would cut 200 jobs in Denmark as part of the redevelopment of the Tyra gas fields in the North Sea. Total, which bought A.P. Moller-Maersk's oil and gas business in 2017, will shut production at the Tyra gas fields at the end of 2019 as part of a major redevelopment. "Unfortunately, the changes mean that a number of valued colleagues will leave us," Patrick Gilly, managing director for Total's Danish North Sea operations said in a statement.

  • Reuterslast month

    Banks to include CO2 emission measures in shipping loan decisions

    A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their decision making when providing shipping company loans, executives said on Tuesday. International shipping accounts for 2.2% of global carbon dioxide (CO2) emissions and the U.N.'s International Maritime Organization (IMO), has a long-term goal to cut greenhouse gas emissions by 50% from 2008 levels by 2050. Working with non-profit organisations the Global Maritime Forum, the Rocky Mountain Institute and London University's UCL Energy Institute, 11 banks have established a framework to measure the carbon intensity of shipping finance portfolios.

  • Maersk explores Arctic shipping route with Russia
    Reuterslast month

    Maersk explores Arctic shipping route with Russia

    Shipping group A.P. Moller-Maersk said on Friday it is in talks with Russia's state-owned icebreaker operator to send more goods via the Arctic, which is becoming more accessible as climate change reduces the sea ice. Russia has made developing the so-called northern sea route (NSR) - which requires new ports and heavy icebreakers to move goods - a priority, with supporters dubbing the route the northern Suez Canal. Last summer, Maersk carried out what it said was a one-off trial, becoming the first to send a container ship - loaded with Russian fish and South Korean electronics - on the route.

  • Thomson Reuters StreetEventslast month

    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

  • IBM-Maersk blockchain shipping consortium expands to include other major shipping companies
    TechCrunch2 months ago

    IBM-Maersk blockchain shipping consortium expands to include other major shipping companies

    Last year IBM and Danish shipping conglomerate Maersk announced the limitedavailability of a blockchain-based shipping tool called TradeLens

  • MSC, CMA CGM to board Maersk's shipping blockchain platform
    Reuters2 months ago

    MSC, CMA CGM to board Maersk's shipping blockchain platform

    Mediterranean Shipping Co (MSC) and CMA CGM, two of the world's biggest container shipping groups, are to join market leader Maersk in a blockchain platform aimed at limiting a costly paper trail in the industry. With MSC and French-based CMA CGM, the second- and fourth-largest container shipping companies, joining the platform, nearly half of all cargo being shipped by sea - which accounts for 90% of traded goods worldwide - will be tracked using it. More than 100 companies, ports or authorities, such as Procter & Gamble and U.S. Customs and Border Protection, have signed up for the platform led by Copenhagen-based Maersk, the world's largest container shipping company.

  • Two more shippers join Maersk's cost-cutting blockchain-based platform
    Reuters2 months ago

    Two more shippers join Maersk's cost-cutting blockchain-based platform

    Two of the world's biggest shipping groups will join a Maersk led blockchain platform aimed at boosting efficiency and limiting the enormous paper trail of global container shipping. With Mediterranean Shipping Co (MSC) and CMA CGM, the second- and fourth-largest container shipping companies, joining the platform, nearly half of all cargo being shipped by sea - which accounts for 90% of traded goods worldwide - will be tracked using it. More than 100 companies, ports or authorities, such as Procter & Gamble and U.S. Customs and Border Protection, have signed up for the platform led by Copenhagen-based Maersk, the world's largest container shipping company.

  • Benzinga2 months ago

    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 months 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.