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Maersk to merge Damco, Ocean Product units
Posted on Wednesday September 19, 2018
COPENHAGEN (Reuters) - A.P. Moller-Maersk (MAERSKb.CO) will merge Damco Supply Chain Services and Maersk Line's Ocean Product, the Danish shipping giant announced on Wednesday, as it seeks to offer customers ...
Maersk Says Customers to Pay for $2 Billion-a-Year Fuel Hike
Posted on Monday September 17, 2018
The cost of delivering world trade is about to go up. A.P. Moller-Maersk A/S, the world’s largest container shipping line, said Monday that customers using its giant box ships will have to pay separately for fuel from 2020, when prices are expected to surge because of tougher environmental standards. To get customers ready for the fuel upgrade, the Copenhagen-based company will from next year start to break out the fuel cost when charging its customers for delivering goods in steel containers across thousands of miles of ocean.
Maersk to invest in exhaust scrubbers ahead of 2020 fuel quality changes
Posted on Wednesday September 12, 2018
SINGAPORE/COPENHAGEN (Reuters) - A.P. Moller-Maersk (MAERSKb.CO), the world's biggest container shipping group, will add devices to reduce harmful exhaust emissions to some of its ships ahead of new global fuel regulations starting in 2020. To combat air pollution, the International Maritime Organization (IMO), the United Nations' shipping agency, has set global regulations to cap the sulphur content in marine fuels, known as bunkers, at 0.5 percent down from 3.5 percent now. Shipowners could meet the new regulations by installing sulphur-stripping exhaust cleaning systems, known as scrubbers, and continue to burn cheaper high-sulphur fuel oil (HSFO).
Maersk Tankers has installed two huge rotor sails on one of its vessels
Posted on Friday August 31, 2018
Measuring 30 meters in height and five meters in diameter, the rotor sails were installed on a ship in Rotterdam. There are now three vessels in daily commercial operation using Norsepower's rotor sails, according to its CEO. Two 30-meter-tall rotor sails have been installed on a Maersk Tankers vessel in an attempt to reduce fuel consumption and emissions.