Read all the latest news about APM Terminals. ShippingWatch gives you independent, credible, critical and fair news.

Deficit grows for Maersk's Russian port company

Global Ports, which APM Terminals owns a third of, has emerged from 2018 with a larger deficit than in 2017. The Russian container market is carrying out fundamental changes, says the company's CEO.

Maersk's core business grew in the third quarter

Maersk Ocean delivers an improved operating profit of USD 925 million in the third quarter, while the segment's revenue grew 32 percent. But the towering bunker prices still strain the business, says CEO Søren Skou.

Maersk sells container terminal in Turkey

APM Terminals is selling its container terminal in Izmir, Turkey, to Socar, the current partner in the terminal. The transaction is expected to be completed in the coming months as soon as the final approvals are settled.

Labor strikes are over but AMPT Gothenburg has far to go

Operational disturbances and major labor strike costs at APM Terminals in Gothenburg are a thing of the past. But the terminal still has some way to go before it fulfills its ambitions, Managing Director Henrik Kristensen tells ShippingWatch.

Maersk will present organizational overhaul next week

As ShippingWatch reported recently, Maersk Group is preparing a large-scale overhaul of organization, and this will likely be presented next week. According to Ritzau Finans, this will happen on Sept. 19. The organization is "on hold" right now, sources say.

APM Terminals executives scattered in all directions

Many former APM Terminals senior executives have pursued new careers following their departures from the Maersk Group terminal operator, as the entire executive team from the golden expansion years is now gone. Read on to learn where they are today.

This is how Maersk plans to convince investors

At the Maersk Capital Markets Day this Tuesday, the group's Executive Board will present its strategy for the coming years for its core business Transport & Logistics to a broad range of investors and analysts. Find the plan here.

APM Terminals suffers defeat in Guatemala port case

In December 2017, a court in Guatemala decided to terminate the original concession agreement covering major port TCQ, which APM Terminals acquired three years ago. The TCQ acquisition has already cost millions of dollars due to old bribery case from 2012.

Here is an overview of Maersk's future core business

After the sale of Maersk Oil and Maersk Tankers, the new Maersk setup is focused on the container business with Maersk Line and APM Terminals as its two pivotal points. Here are the key figures from the core business.

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