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A.P. Møller - Mærsk A/S (MAERSK-B.CO)

Copenhagen - Copenhagen Real-time price. Currency in DKK
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9,582.00-116.00 (-1.20%)
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  • Reuters

    US East Coast ports union meets over wage demand, preps for possible strike

    (Reuters) -The International Longshoremen's Association union, representing 45,000 workers at major container ports from Texas to Maine, began two days of meetings on Wednesday to review wage demands and prepare for a potential strike on Oct. 1. Formal talks have reached an impasse as the union and the United States Maritime Alliance (USMX) employer group wrangle over pay, terminal automation, healthcare coverage and retirement benefits. A source familiar with the negotiations said the ILA has asked for a 77% pay bump over the life of the new contract.

  • Reuters

    Maersk says ocean shipping's zero-emissions push needs government support

    The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean - a milestone in the shipping industry's effort to reduce its climate impact. But when the 1,148-foot (350-meter) vessel arrived at the Port of Los Angeles from China last week, there was nowhere in the U.S. to buy more of the green fuel, forcing it to rely heavily on petroleum-based maritime fuel for the return trip. At a day-long ship naming event on Tuesday, A.P. Moller-Maersk representatives said the industry that accounts for close to 3% of global greenhouse gases needs more and cheaper green fuel if it is to decarbonize at the pace scientists and world governments say is necessary to fight climate change.

  • Reuters

    Maersk eyes contigency plans as Canada rail networks close, still takes bookings

    Shipping company Maersk is evaluating contingency strategies in Canada, the company said on Thursday after the country's two main freight rail companies shut down their networks over a labour dispute. The Danish company, one of the world's largest container freight groups, said in an advisory to clients it was still accepting bookings from and to origins and destinations serviced by rail via Canadian ports. "As we navigate the current situation affecting Canadian rail services, we are actively monitoring the evolving circumstances," it said.