Login
Morten_Engelstoft.jpg
Photo: Maersk

This is how APM Terminals and Maersk Line will join forces

Ports:

CEO Morten Engelstoft has already kicked off the work to bring APM Terminals and Maersk Line closer together. In an interview with ShippingWatch, he outlines three concrete points on which the two companies will help each other.


BY OLE ANDERSEN | NIKLAS KRIGSLUND
Published 16.02.17 at 09:12

Log in to read articles

Some of our content is exclusively for subscribers.

Try ShippingWatch free for 14 days

Get 14 days free trial access

Sign up for ShippingWatch newsletter
Most read Ports

U.S. longshoremen earn three times average national wage

12165%20-%20Ship%20to%20Shore%20Cranes.jpg Ports:

The unionized American longshoremen earn significantly more than the average worker in the U.S., writes SeaIntel in an analysis.

Singapore revokes license from two bunker suppliers

Ports:

Singapore's Maritime and Port Authority have revoked two bunker suppliers' license to operate in the world's top bunker port. The two companies have, according to the authority, violated the terms and conditions for bunker activities in the port.

Kim Fejfer: Mega-ships force ports to more investments

Ports:

APM Terminals is in the process of upgrading several ports to handle the ultra-large vessels that a growing number of container carriers are ordering. There is a strong need for upgraded infrastructure in many parts of the world, CEO Kim Fejfer tells ShippingWatch.

OECD: The challenges faced by the world's biggest ports

Ports:

The world's biggest container ports are facing significant challenges in the efforts to maintain their rankings, says the OECD in a new analysis. Read on to learn which struggles the ports are facing.

Damco CEO: Time to invest again

Ports:

"Damco needs to shift gears if the company is to achieve profitable growth," CEO Klaus Rud Sejling tells ShippingWatch after a multiple-year turnaround at Damco.

APM Terminals executive team preparing new strategy

Ports:

When the new executive team is settled at APM Terminals, CEO Morten Engelstoft will set aside three days to develop a new strategy for the port company. Significantly fewer people than before will perform the task after a large reduction last year.

Current front page

Maersk Line gets vital approval for Hamburg Süd purchase

201212_NAVIOSHAMBURSUD02.jpg Container:

Brazil has cleared Maersk Line's billion-dollar acquisition of German Hamburg Süd. The transaction will strengthen Maersk Line's position on the South American market, and the approval is thus vital.

J. Lauritzen CEO: The carrier's future is smaller vessels

Bulk:

J. Lauritzen will gradually phase out larger dry bulk vessels when their contracts expire. "We're strong in Handysize, and that's where we've historically been the most profitable," CEO Mads P. Zacho tells ShippingWatch.

Demand for sulfur oil could boost US crude exports

Offshore:

The upcoming cap on sulfur emissions from vessels will boost the export of US crude oil, as the demand for low sulfur products will surge, reports Reuters.

Statoil vies for a stake in Abu Dhabi's offshore oil

Offshore:

A Norwegian diplomatic dispatch says Statoil is among the companies in talks with the Abu Dhabi National Oil Co regarding offshore production in the UAE.

Viking Supply needs owner's help to save bank agreement

Offshore:

Viking Supply Ships must ask its shareholders for more money after the offshore carrier breached the conditions of its deal with the banks. The carrier's majority shareholder is prepared to step in.

Two seafarers arrested as ship runs aground

Carriers:

A Danish-operated vessel ran aground in Sweden this weekend. The captain and first mate were subsequently arrested by Swedish police, on suspicions of being highly intoxicated.

ADVERTISEMENT

Vacancies

ADVERTISEMENT