APM Terminals is a port operating company headquartered in The Hague , Netherlands. A unit of Danish shipping company Maersk 's Transport and Logistics division. It manages container terminals and provides integrated cargo and inland services, operating 74 port and terminal facilities in 38 countries on five continents. They currently have five new port projects in development, including over 100 inland services. The services include providing container transportation, management, maintenance, and repair in 38 countries. In 2018, APM Terminals was ranked the world's fifth-largest container terminal operator.
81-1855: The company's history in terminal operations began a half-century ago with the first Maersk facility, which opened in Brooklyn , in the Port of New York in 1958 to handle general cargoes. In 1975, the group established the Port Authority of New York and New Jersey's first dedicated container terminal, at Berth 51 at Port Elizabeth , New Jersey. APM Terminals was founded as the port and terminal operating unit of Copenhagen , Denmark-based A.P. Moller - Maersk Group in January 2001. In 2004, APM Terminals moved its headquarters from Copenhagen to The Hague , Netherlands. The company provides services to more than 60 shipping lines with an integrated global port and container terminal network with interests in 60 facilities and three in development, in 30 countries on five continents. In 2023, APM Terminals generated USD 3.8 billion in revenue. The company’s 22,000 employees serviced more than 27,000 vessel calls and moved 21.7 million containers at both its hub and gateway terminals. As of April 2024, it operated 60 ports and terminals, located in 30 countries. The following terminals recently completed capacity expansions or are currently under development to increase capacity and efficiency: APM Terminals Lázaro Cárdenas, Mexico : Phase II expansion started in 2023. This will increase capacity by one million TEUs. APM Terminals Tangier MedPort, Morocco : One million TEU expansion delivered in 2023, together with electric equipment, shore power, and auto mooring. Port of Salalah , Oman : One million TEU expansion underway, with completion expected in 2025. APM Terminals Maasvlakte II, Rotterdam,
162-590: A US Department of Justice investigation contending that Maersk had "knowingly overcharged the Department of Defense to transport thousands of containers from ports to inland delivery destinations in Iraq and Afghanistan " while under government contract to transport cargo via container ships in support of U.S. troops. The Red Sea crisis had a significant impact on shipping, from November 2023 onward; in May 2024, Maersk estimated
243-611: A Global Port, Terminal and Inland Services Network with interests in 57 ports and container terminals in 36 countries on five continents, as well as 155 Inland Services operations in 48 countries. Port and Terminal Operations include: Maersk Container Industry A/S : Container manufacturing with factories in China ( Dongguan and Qingdao ) and headquarters in Denmark ( Tinglev ). Container Inland Services : Includes depots, equipment repair, trucking, container sales and related activity. Svitzer
324-460: A combination electric and diesel power as a measure to reduce both costs and emission of carbon dioxide ( CO 2 ) from the current diesel-powered RTG fleet. RTGs, which are used to move loaded and unloaded containers at the terminals, are usually powered by diesel engines. The new power supply will be a combination of electricity and diesel, utilizing a busbar- a rail providing access to electrical power. Recent technological advances have made such
405-570: A decade or so, and nitrous oxides last about 100 years. The graph gives some indication of which regions have contributed most to human-induced climate change. When these numbers are calculated per capita cumulative emissions based on then-current population the situation is shown even more clearly. The ratio in per capita emissions between industrialized countries and developing countries was estimated at more than 10 to 1. Non- OECD countries accounted for 42% of cumulative energy-related CO 2 emissions between 1890 and 2007. Over this time period,
486-593: A hybrid power option possible for RTGs. The use of E-RTGs will reduce CO 2 emissions by between 60-80% compared with conventional diesel-powered RTGs, which will result in overall terminal CO 2 emissions decreasing by 20% per TEU handled. The retro-fitting of the majority of the existing 400-unit APM Terminals RTG fleet will eliminate 70,000 tons of CO 2 emissions annually. Maersk A.P. Møller – Mærsk A/S ( Danish: [ˈɛˀ ˈpʰe̝ˀ ˈmølɐ ˈmɛɐ̯sk] ), usually known simply as Maersk ( English: / m ɛər s k / MAIRSK ),
567-517: A lack of comparability, which is problematic when monitoring progress towards targets. There are arguments for the adoption of a common measurement tool, or at least the development of communication between different tools. Emissions may be tracked over long time periods, known as historical or cumulative emissions measurements. Cumulative emissions provide some indicators of what is responsible for greenhouse gas atmospheric concentration build-up. The national accounts balance tracks emissions based on
648-525: A new production facility in Hinggan League, Northeast China, around 1000km northeast of Beijing. The first volumes are expected to arrive in 2026. The Maersk logo is a white, seven-pointed star on a pale blue background. The logo dates back to 1886 when it was used on Captain P. M. Møller's first steamer, the s.s. LAURA. The story relates to an episode where Captain Møller's wife, Anna, had accompanied him on
729-497: A newly created entity named Svitzer Group A/S. The shares of Svitzer Group were subsequently listed on Nasdaq Copenhagen A/S . The distribution of Svitzer Group shares to APMM shareholders was agreed at an exceptional general meeting. As a result, APMM’s shareholders received shares in Svitzer Group in addition to their existing APMM holdings. Trading of Svitzer Group shares on Nasdaq Copenhagen began on 30 April 2024. Damco
810-856: A particular base year. Choosing between base years of 1750, 1900, 1950, and 1990 has a significant effect for most countries. Within the G8 group of countries, it is most significant for the UK, France and Germany. These countries have a long history of CO 2 emissions (see the section on Cumulative and historical emissions ). The Global Carbon Project continuously releases data about CO 2 emissions, budget and concentration. and industry (excluding cement carbonation) Gt C change Gt C Gt C Gt CO 2 (projection) Distribution of global greenhouse gas emissions based on type of greenhouse gas, without land-use change, using 100 year global warming potential (data from 2020). Total: 49.8 GtCO 2 e Carbon dioxide (CO 2 )
891-486: A sea voyage and fallen seriously ill. The deeply devout Captain Møller prayed for his wife's recovery, and she did recover. In a letter dated October 6, 1886, he wrote to her: "The little star on the funnel is a reminder of the evening I prayed for you so dejectedly and anxiously, asking for the sign that I might see a star in the grey, overcast sky, a reminder that the Lord hears our prayers." When The Steamship Company Svendborg
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#1733085906017972-475: A significant contributor to warming. Although CFCs are greenhouse gases, they are regulated by the Montreal Protocol which was motivated by CFCs' contribution to ozone depletion rather than by their contribution to global warming. Ozone depletion has only a minor role in greenhouse warming, though the two processes are sometimes confused in the media. In 2016, negotiators from over 170 nations meeting at
1053-457: A significant margin, Asia's and the world's largest emitter: it emits nearly 10 billion tonnes each year, more than one-quarter of global emissions. Other countries with fast growing emissions are South Korea , Iran, and Australia (which apart from the oil rich Persian Gulf states, now has the highest per capita emission rate in the world). On the other hand, annual per capita emissions of the EU-15 and
1134-625: A stake in Dansk Supermarked Group which operates stores under the brands: Bilka (hypermarket), Føtex (supermarket, department store), Salling (department store) and Netto (discount supermarket). Maersk Training provides specialist training to specific industries. The 2010 merger of Maersk Training Centre and Svitzer Safety Services broadened a portfolio of courses to include the maritime, oil and gas terminals, and wind power industries. Greenhouse gas emissions Greenhouse gas ( GHG ) emissions from human activities intensify
1215-485: Is a Danish shipping and logistics company founded in 1904 by Arnold Peter Møller and his father Peter Mærsk Møller . Maersk's business activities include shipping, port operation , supply chain management and warehousing . The company is based in Copenhagen , Denmark , with subsidiaries and offices across 130 countries and over 100,000 employees worldwide in 2023. It is a publicly traded family business , as
1296-411: Is a US-based subsidiary of A.P. Moller–Maersk Group, which owns and operates a fleet of US-flag vessels providing the U.S. Federal Government and their contractors with multimodal transportation and logistics services. A Virginia-based organization, MLL manages the world's largest fleet of internationally traded US-flagged vessels. Maersk Line paid $ 31.9 million in fines to the U.S. in 2012, following
1377-450: Is a framework of methods to measure and track how much greenhouse gas an organization emits. Cumulative anthropogenic (i.e., human-emitted) emissions of CO 2 from fossil fuel use are a major cause of global warming , and give some indication of which countries have contributed most to human-induced climate change. In particular, CO 2 stays in the atmosphere for at least 150 years and up to 1000 years, whilst methane disappears within
1458-444: Is an American regional maritime and logistics operator. It has been part of A. P. Moller - Maersk since 1999. The Sealand name was phased out in 2009, but revived as a separate brand in 2014. After focussing on intermodal services between North, Central and South America, in 2018 it was merged with other Maersk intra-regional brands MCC Transport and Seago Lines to cover European, Mediterranean, and Intra-Asian markets. In 2023 it
1539-525: Is an independently operated shipping company in the A. P. Moller–Maersk Group with roots in Africa. It operates a fleet of over 40 container vessels and 20 multi-purpose vessels (MPVs). The company has five container vessels and four MPVs on order for delivery in 2009–2011. In September 2020, it was announced that the Safmarine brand would be integrated into Maersk. SeaLand , branded "Sealand – A Maersk Company",
1620-421: Is exported. In comparison, methane has not increased appreciably, and N 2 O by 0.25% y . Using different base years for measuring emissions has an effect on estimates of national contributions to global warming. This can be calculated by dividing a country's highest contribution to global warming starting from a particular base year, by that country's minimum contribution to global warming starting from
1701-749: Is involved in exploration activities in Danish, British, Dutch and Norwegian sectors of the North Sea, Qatar, Algeria, Kazakhstan, Angola, Gulf of Mexico (US sector), Turkmenistan, Oman, Morocco, Brazil, Colombia and Suriname. Most of these activities are not 100% owned but are via membership in a consortium. The company developed production techniques for complex environments (The North Sea, etc.) and drilling techniques that extract oil from problematic underground conditions. Oil and gas activities provided A .P. Moller–Maersk with 22% of its revenue and 68% of its profit in 2008. On 21 August 2017, A. P. Møller - Mærsk A/S announced
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#17330859060171782-469: Is involved in towage, salvage, wreck removal, marine firefighting and other offshore support and is represented in more than 100 ports worldwide. Ardent is based in Houston, Texas. Acquired in 2020, KGH is a European customs and trade solutions provider, including customs broker services and software application development. The KGH brand is now migrated into Maersk Customs Services. The company formerly owned
1863-633: Is responsible for around 73% of emissions. Deforestation and other changes in land use also emit carbon dioxide and methane . The largest source of anthropogenic methane emissions is agriculture , closely followed by gas venting and fugitive emissions from the fossil-fuel industry . The largest agricultural methane source is livestock . Agricultural soils emit nitrous oxide partly due to fertilizers . Similarly, fluorinated gases from refrigerants play an outsized role in total human emissions. The current CO 2 -equivalent emission rates averaging 6.6 tonnes per person per year, are well over twice
1944-541: Is set for delivery in late 2016), four Harsh jack-ups, two Premium jack-up, four semi-submersibles and four Ultra deepwater drillships . Maersk Drilling is, among others, a market leader in the Norwegian jack-up market with a market share of 7 out of 12 rigs As of 2016 . Maersk Drilling merged with Noble Corporation in 2022, the transaction was completed on October 3. Maersk Supply Service provides anchor handling, towage of drilling rigs and platforms, and supply service to
2025-451: Is the dominant emitted greenhouse gas, while methane ( CH 4 ) emissions almost have the same short-term impact. Nitrous oxide (N 2 O) and fluorinated gases (F-gases) play a lesser role in comparison. Greenhouse gas emissions are measured in CO 2 equivalents determined by their global warming potential (GWP), which depends on their lifetime in the atmosphere. Estimations largely depend on
2106-563: Is the first major source of greenhouse gas emissions from transportation, followed by aircraft and maritime. Waterborne transportation is still the least carbon-intensive mode of transportation on average, and it is an essential link in sustainable multimodal freight supply chains . Buildings, like industry, are directly responsible for around one-fifth of greenhouse gas emissions, primarily from space heating and hot water consumption. When combined with power consumption within buildings, this figure climbs to more than one-third. Within
2187-449: Is the main greenhouse gas resulting from human activities. It accounts for more than half of warming. Methane (CH 4 ) emissions have almost the same short-term impact. Nitrous oxide (N 2 O) and fluorinated gases (F-gases) play a lesser role in comparison. Emissions of carbon dioxide, methane and nitrous oxide in 2023 were all higher than ever before. Electricity generation , heat and transport are major emitters; overall energy
2268-665: Is very complex, and is affected by how carbon sinks are allocated between regions and the dynamics of the climate system . The graphic shows the logarithm of 1850–2019 fossil fuel CO 2 emissions; natural log on left, actual value of Gigatons per year on right. Although emissions increased during the 170-year period by about 3% per year overall, intervals of distinctly different growth rates (broken at 1913, 1945, and 1973) can be detected. The regression lines suggest that emissions can rapidly shift from one growth regime to another and then persist for long periods of time. The most recent drop in emissions growth – by almost 3 percentage points –
2349-712: The greenhouse effect . This contributes to climate change . Carbon dioxide (CO 2 ), from burning fossil fuels such as coal , oil , and natural gas , is one of the most important factors in causing climate change. The largest emitters are China followed by the United States. The United States has higher emissions per capita . The main producers fueling the emissions globally are large oil and gas companies . Emissions from human activities have increased atmospheric carbon dioxide by about 50% over pre-industrial levels. The growing levels of emissions have varied, but have been consistent among all greenhouse gases . Emissions in
2430-473: The 2010s averaged 56 billion tons a year, higher than any decade before. Total cumulative emissions from 1870 to 2022 were 703 GtC (2575 GtCO 2 ), of which 484±20 GtC (1773±73 GtCO 2 ) from fossil fuels and industry, and 219±60 GtC (802±220 GtCO 2 ) from land use change . Land-use change , such as deforestation , caused about 31% of cumulative emissions over 1870–2022, coal 32%, oil 24%, and gas 10%. Carbon dioxide (CO 2 )
2511-520: The 2030 Paris Agreement increase of 1.5 °C (2.7 °F) over pre-industrial levels. While cities are sometimes considered to be disproportionate contributors to emissions, per-capita emissions tend to be lower for cities than the averages in their countries. A 2017 survey of corporations responsible for global emissions found that 100 companies were responsible for 71% of global direct and indirect emissions , and that state-owned companies were responsible for 59% of their emissions. China is, by
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2592-555: The Aqaba Container Terminal, APM Terminals Barcelona, APM Terminals Mobile, Pier 400 Los Angeles and Suez Canal Container Terminal. APM Terminals also established the Zero Emission Port Alliance during COP28 – an industry-wide strategic coalition with the goal of accelerating container handling equipment electrification. In 2023, the company won a concession for building and operating a container terminal in
2673-650: The BEC Low-Carbon Charter. In September 2023, Maersk unveiled Laura Mærsk, which uses methanol as a fuel. Laura Mærsk is a feeder vessel of 2,100 TEU capacity in service on the Baltic Sea. In June of 2023, Maersk also announced an order for six additional mid-sized container vessels of 9,000 TEU capacity. In November 2023, Maersk signed an agreement with Chinese developer Goldwind . The agreement looks to secure annual volumes of 500KT of fuels including bio-methanol and e-methanol produced utilising wind energy at
2754-495: The EU, the agricultural sector presently accounts for roughly 10% of total greenhouse gas emissions, with methane from livestock accounting for slightly more than half of 10%. Estimates of total CO 2 emissions do include biotic carbon emissions, mainly from deforestation. Including biotic emissions brings about the same controversy mentioned earlier regarding carbon sinks and land-use change. The actual calculation of net emissions
2835-985: The EUROGATE Container Terminal Wilhelmshaven, Germany, and Sogester container terminals in Luanda and Namibe, Angola. In 2023/2024, APM Terminals divested its operations in Castellón, Spain; Nouakchott and Nouadhibou, Mauritania; Cotonou, Benin; and Conakry, Guinea. The concession agreement for APM Terminals Itajai, Brazil was not renewed in 2023. In 2022, APM Terminals made an industry-leading commitment to be fully net-zero by 2040, and to reduce its scope 1 and 2 emissions by 65% by 2030 compared to 2022. Scope 1 are emissions generated while carrying out business activities, whereas scope 2 covers indirect emissions from purchased energy. Between 2022 and 2023, APM Terminals reduced its absolute scope 1 and 2 emissions by 13%. Additionally, 40% of electricity demand (as of 2023)
2916-522: The Earth can cool off. The major anthropogenic (human origin) sources of greenhouse gases are carbon dioxide (CO 2 ), nitrous oxide ( N 2 O ), methane and three groups of fluorinated gases ( sulfur hexafluoride ( SF 6 ), hydrofluorocarbons (HFCs) and perfluorocarbons (PFCs, sulphur hexafluoride (SF 6 ), and nitrogen trifluoride (NF 3 )). Though the greenhouse effect is heavily driven by water vapor , human emissions of water vapor are not
2997-533: The Netherlands: Doubling of annual capacity currently underway with completion expected in 2027. Poti Sea Port , Georgia : Expansion will commence in 2024. The first stage includes a breakwater of 1,700m and a 400m multipurpose quay with 13.5 m depth able to handle dry bulk cargo and an incremental 150,000 TEUs. The second stage will double the annual container capacity at Poti Sea Port to over 1 million TEU. In 2022, APM Terminals divested its 30% share in
3078-546: The Port of Suape, Brazil . Other projects: APM Terminals’ sustainability initiatives and performance are divided into four core areas: Health, Safety, and Security; Environment; Responsible Business; and Social Responsibility. Significant gains or new major initiatives have been achieved or implemented in each performance category. There were 141 Lost-Time Injuries (LTI) recorded in the APM Terminals operating portfolio in 2017. This
3159-712: The US accounted for 28% of emissions; the EU, 23%; Japan, 4%; other OECD countries 5%; Russia, 11%; China, 9%; India, 3%; and the rest of the world, 18%. The European Commission adopted a set of legislative proposals targeting a reduction of the CO 2 emissions by 55% by 2030. Overall, developed countries accounted for 83.8% of industrial CO 2 emissions over this time period, and 67.8% of total CO 2 emissions. Developing countries accounted for industrial CO 2 emissions of 16.2% over this time period, and 32.2% of total CO 2 emissions. However, what becomes clear when we look at emissions across
3240-548: The US are gradually decreasing over time. Emissions in Russia and Ukraine have decreased fastest since 1990 due to economic restructuring in these countries. 2015 was the first year to see both total global economic growth and a reduction of carbon emissions. Annual per capita emissions in the industrialized countries are typically as much as ten times the average in developing countries. Due to China's fast economic development, its annual per capita emissions are quickly approaching
3321-665: The US, due to the sanctions regime led by those countries. On 15 March 2022, Robert M. Uggla was appointed Chair of the Board at A.P. Moller – Maersk, succeeding Jim Hagemann Snabe. The appointment marks a generational change in the company. Robert M. Uggla represents the founding family and remains as CEO of A.P. Moller Holding. On December 12, 2022, Vincent Clerc was appointed CEO of Maersk effective January 1, 2023. A. P. Moller–Maersk's independent APM Terminals business unit with its separate headquarters in The Hague , Netherlands , operates
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3402-419: The ability of oceans and land sinks to absorb these gases. Short-lived climate pollutants (SLCPs) including methane, hydrofluorocarbons (HFCs) , tropospheric ozone and black carbon persist in the atmosphere for a period ranging from days to 15 years; whereas carbon dioxide can remain in the atmosphere for millennia. Reducing SLCP emissions can cut the ongoing rate of global warming by almost half and reduce
3483-461: The area of greenhouse gases and other emissions, APM Terminals has set a goal of a 25% reduction in CO 2 output, as measured from the base year of 2010. APM Terminals signed a two-year, €5 million ($ 6.23 million) contract with Amsterdam-based NV Nuon Energy for the supply of environmentally sustainable wind-generated electricity to power the new APM Terminals Maasvlakte II cranes and container handling equipment. The new deep-water terminal, which
3564-470: The beginning of 2019, when the freight forwarding business of Damco stayed separate. The dissolving of the Damco brand was completed by the end of 2020. Maersk Oil (Danish: Mærsk Olie og Gas A/S) was established in 1962 when Maersk was awarded a concession for oil and gas exploration and production in the Danish sector of the North Sea. Maersk Oil is engaged in exploring and producing oil and gas in many parts of
3645-509: The case of Jupiter , or from its host star as in the case of the Earth . In the case of Earth, the Sun emits shortwave radiation ( sunlight ) that passes through greenhouse gases to heat the Earth's surface. In response, the Earth's surface emits longwave radiation that is mostly absorbed by greenhouse gases. The absorption of longwave radiation prevents it from reaching space, reducing the rate at which
3726-522: The company is controlled by the namesake Møller family through holding companies . The company's 2023 annual revenue was US$ 51.1 billion . In the 2023 Forbes Global 2000 , Møller-Maersk was ranked as the 174th largest public company in the world. Maersk has faced several challenges, including the global economic downturn , a malware attack , and the Red Sea crisis . Dampskibsselskabet Svendborg ( Danish for ' Svendborg Steamship Company')
3807-667: The concentration of carbon dioxide and other greenhouse gases. Emissions have grown rapidly since about 1950 with ongoing expansions in global population and economic activity following World War II. As of 2021, measured atmospheric concentrations of carbon dioxide were almost 50% higher than pre-industrial levels. The main sources of greenhouse gases due to human activity (also called carbon sources ) are: Global greenhouse gas emissions are about 50 Gt per year and for 2019 have been estimated at 57 Gt CO 2 eq including 5 Gt due to land use change. In 2019, approximately 34% [20 GtCO 2 -eq] of total net anthropogenic GHG emissions came from
3888-413: The difference between a country's exports and imports. For many richer nations, the balance is negative because more goods are imported than they are exported. This result is mostly due to the fact that it is cheaper to produce goods outside of developed countries, leading developed countries to become increasingly dependent on services and not goods. A positive account balance would mean that more production
3969-489: The early 1970s when Maersk enlisted the Danish designer and architect Acton Bjørn to help with a more modern design, which is still used today. The largest operating unit in A. P. Moller–Maersk by revenue and staff (around 25,000 employees in 2012) is Maersk Line . In 2013, the company described itself as the world's largest overseas cargo carrier and operated over 600 vessels with 3.8 million twenty-foot equivalent unit (TEU) container capacity. As of January 2021, as
4050-440: The energy supply sector, 24% [14 GtCO 2 -eq] from industry, 22% [13 GtCO 2 -eq]from agriculture, forestry and other land use (AFOLU), 15% [8.7 GtCO 2 -eq] from transport and 6% [3.3 GtCO 2 -eq] from buildings. Global carbon dioxide emissions by country in 2023: The current CO 2 -equivalent emission rates averaging 6.6 tonnes per person per year, are well over twice the estimated rate 2.3 tons required to stay within
4131-489: The entire life cycle from the production of a good or service along the supply chain to its final consumption. Carbon accounting (or greenhouse gas accounting) is a framework of methods to measure and track how much greenhouse gas an organization emits. The greenhouse effect occurs when greenhouse gases in a planet's atmosphere insulate the planet from losing heat to space, raising its surface temperature. Surface heating can happen from an internal heat source as in
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#17330859060174212-414: The estimated rate 2.3 tons required to stay within the 2030 Paris Agreement increase of 1.5 °C (2.7 °F) over pre-industrial levels. Annual per capita emissions in the industrialized countries are typically as much as ten times the average in developing countries. The carbon footprint (or greenhouse gas footprint ) serves as an indicator to compare the amount of greenhouse gases emitted over
4293-655: The existing fleet of the fourth-largest line, Evergreen Line . Maersk Line cooperated with the United States Navy on testing 7–100% algae biofuel on the Maersk Kalmar in December 2011. In January 2012, Søren Skou took over as CEO of Maersk Line from Eivind Kolding . Later that year, the company ceased its business in Iran in order to prevent potential damage to the company's business with Western countries, particularly
4374-460: The globe. In January 2022, Svitzer operated a fleet of 110 vessels in seven ports and 11 terminals across 12 countries in Svitzer operates in the Africa, Middle East & Asia regions. In February 2024, Maersk’s Board of Directors demerged APMM’s Svitzer's towage and marine services operations. APMM transferred shares of Svitzer A/S and its subsidiaries, along with related assets and liabilities, to
4455-450: The group's profit for this period. The business segment comprises Maersk Tankers (its technical management business sold to Synergy Marine Group in 2021), Maersk Supply Service, Maersk Drilling , Maersk FPSOs, Maersk LNG and Svitzer. Brazilian coaster container ship subsidiary with eight ships. Ardent Salvage, a joint-operating salvage company formed after the merger between Maersk-operated Svitzer and Crowley-operated TITAN Salvage,
4536-458: The impact as a capacity loss of 15–20 percent across the merchant shipping industry, based on its FY second quarter. MCC Transport hosts containerized cargo services in the intra-Asia market. The company was later renamed Sealand-Asia. Seago Line is a subsidiary shipping line which serves ports in the Mediterranean region. The company is now Sealand- Europe and Mediterranean. Safmarine
4617-824: The importing country, rather than the exporting, country. A substantial proportion of CO 2 emissions is traded internationally. The net effect of trade was to export emissions from China and other emerging markets to consumers in the US, Japan, and Western Europe. Emission intensity is a ratio between greenhouse gas emissions and another metric, e.g., gross domestic product (GDP) or energy use. The terms "carbon intensity" and " emissions intensity " are also sometimes used. Emission intensities may be calculated using market exchange rates (MER) or purchasing power parity (PPP). Calculations based on MER show large differences in intensities between developed and developing countries, whereas calculations based on PPP show smaller differences. Carbon accounting (or greenhouse gas accounting)
4698-468: The lapse of formerly declining trends in carbon intensity of both developing and developed nations. China was responsible for most of global growth in emissions during this period. Localised plummeting emissions associated with the collapse of the Soviet Union have been followed by slow emissions growth in this region due to more efficient energy use , made necessary by the increasing proportion of it that
4779-537: The largest container fleet, it held 17% of the global TEU. In 2006, the largest container ship in the world to that date, the E-class vessel Emma Maersk , was delivered to Maersk Line from Odense Steel Shipyard . Since then, seven other sister ships have been built, and on 21 February 2011 Maersk ordered ten even larger container ships from Daewoo , the Triple E class , each with a capacity of 18,000 containers. The first
4860-707: The levels of those in the Annex I group of the Kyoto Protocol (i.e., the developed countries excluding the US). Africa and South America are both fairly small emitters, accounting for 3-4% of global emissions each. Both have emissions almost equal to international aviation and shipping. There are several ways of measuring greenhouse gas emissions. Some variables that have been reported include: These measures are sometimes used by countries to assert various policy/ethical positions on climate change. The use of different measures leads to
4941-496: The main international treaty on climate change (the UNFCCC ), countries report on emissions produced within their borders, e.g., the emissions produced from burning fossil fuels. Under a production-based accounting of emissions, embedded emissions on imported goods are attributed to the exporting, rather than the importing, country. Under a consumption-based accounting of emissions, embedded emissions on imported goods are attributed to
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#17330859060175022-456: The major source of greenhouse gas emissions in the EU . Greenhouse gas emissions from the transportation sector continue to rise, in contrast to power generation and nearly all other sectors. Since 1990, transportation emissions have increased by 30%. The transportation sector accounts for around 70% of these emissions. The majority of these emissions are caused by passenger vehicles and vans. Road travel
5103-430: The offshore industry. By 2021, the fleet consisted of 41 vessels, including anchor handling tug supply vessels (AHTS), subsea support vessels (SSV) and platform supply vessels (PSV). In July 2024, it was announced that Norway ’s DOF Group would acquire Maersk Supply Service for approximately $ 1.1 billion to consolidate its offshore service sector further, focusing on the oil and gas sector. Maersk Line, Limited (MLL)
5184-551: The signing of an agreement to sell Mærsk Olie og Gas A/S to Total S.A. for US$ 7.45 billion in a combined share and debt transaction. The transaction was subject to regulatory and competition approval and was closed on 8 March 2018, when Maersk Oil became a part of Total. Maersk Drilling supports global oil and gas production by providing high-efficiency drilling services to oil companies worldwide. The company owns 24 rigs and its fleet consists of six Ultra-Harsh jack-ups , four XL Enhanced jack-ups (including one new build which
5265-607: The summit of the United Nations Environment Programme reached a legally binding accord to phase out hydrofluorocarbons (HFCs) in the Kigali Amendment to the Montreal Protocol . The use of CFC-12 (except some essential uses) has been phased out due to its ozone depleting properties. The phasing-out of less active HCFC-compounds will be completed in 2030. Starting about 1750, industrial activity powered by fossil fuels began to significantly increase
5346-452: The world today is that the countries with the highest emissions over history are not always the biggest emitters today. For example, in 2017, the UK accounted for just 1% of global emissions. In comparison, humans have emitted more greenhouse gases than the Chicxulub meteorite impact event which caused the extinction of the dinosaurs . Transport, together with electricity generation , is
5427-455: The world. Total oil production is more than 600,000 barrels per day (95,000 m³/d) and gas production is up to some 1 billion cubic feet (28,000,000 m³) per day. Most of this production is from the North Sea , from both the Danish and British sectors, but there is also production in offshore Qatar, Algeria and Kazakhstan. In addition to the above-mentioned producing sites, Maersk Oil
5508-582: The year 1995). A country's emissions may also be reported as a proportion of global emissions for a particular year. Another measurement is of per capita emissions. This divides a country's total annual emissions by its mid-year population. Per capita emissions may be based on historical or annual emissions. One way of attributing greenhouse gas emissions is to measure the embedded emissions (also referred to as "embodied emissions") of goods that are being consumed. Emissions are usually measured according to production, rather than consumption. For example, in
5589-487: Was 90, and Michael Pram Rasmussen took over. Mærsk Mc-Kinney Møller was, until his death, one of the "managing owners" of the company and was chairman of Odense Steel Shipyard until 2 May 2006. A.P. Moller - Maersk announced its strategic choice to separate its oil and gas-related operations from the conglomerate structure and to concentrate only on container logistics in 2016. The majority shareholding in Maersk Tankers
5670-406: Was at about the time of the 1970s energy crisis . Percent changes per year were estimated by piecewise linear regression on the log data and are shown on the plot; the data are from The Integrated Carbon Observation system. The sharp acceleration in CO 2 emissions since 2000 to more than a 3% increase per year (more than 2 ppm per year) from 1.1% per year during the 1990s is attributable to
5751-801: Was decided to unify the Maersk brands and integrate the Sealand brand into Maersk. Over the course of 2023 all Sealand business was integrated with Maersk, and in December 2023 the Sealand brand ceased to exist. Maersk GSC operates shared service centres that handle back office and off-shore activities for AP Moller Maersk Group. GSCs are in Chennai, Mumbai, Pune, Bengaluru, Chengdu, and Metro Manila, with new GSCs to be opened in Mexico and Brazil to support Americas customers. Tankers, offshore and other shipping activities" accounted for 8.8% of Maersk's revenue in 2008 and posted 25% of
5832-495: Was delivered in 2013. There was an option for 10–20 more, and in June 2011, Maersk placed a follow-on order for a second batch of ten sister ships (to the same design with the same shipyard), but cancelled its option for a third batch of ten. As of February 2010, Maersk had an order book for new ships totaling 857000TEU (including options on the Triple E class); that backlog is larger than
5913-419: Was founded as a salvage client in 1833 before entering the towing business in 1870. Svitzer became majority owned by Maersk in 1979. Svitzer has continued to grow, including through purchasing the tugboat operations of Adsteam , and it now has a fleet of over 400 tugs, line handlers and other vessels. The company provides harbour and terminal towage services in over 100 ports and 20 oil and gas terminals across
5994-402: Was founded in 1904, the seven-pointed star on the pale blue background became its funnel emblem and the company's house flag symbol. When The Steamship Company of 1912 was established, the seven-pointed star was also chosen as their logo. The white seven-pointed star has been synonymous with Maersk throughout the years, but the logo has undergone some minor changes. The last changes date back to
6075-640: Was founded in Svendborg in April 1904 by captain Peter Mærsk Møller (1836–1927) and his son Arnold Peter (A. P.) Møller (1876–1965). A. P. Møller had four children, all by his first wife Chastine Estelle Roberta Mc-Kinney. Their second child was (Arnold) Mærsk Mc-Kinney Møller (1913–2012), who became a partner in 1939 and head of the firm upon his father's death. In 1993, he was succeeded as CEO by Jess Søderberg . He continued as chairman until December 2003, when he
6156-569: Was occurring within a country, so more operational factories would increase carbon emission levels. Emissions may also be measured across shorter time periods. Emissions changes may, for example, be measured against the base year of 1990. 1990 was used in the United Nations Framework Convention on Climate Change (UNFCCC) as the base year for emissions, and is also used in the Kyoto Protocol (some gases are also measured from
6237-440: Was officially inaugurated in April 2015, is the world's first container terminal to generate zero greenhouse gases and particulate emissions as compared with diesel-powered terminal machinery. The contract term began on January 1, 2015. APM Terminals has embarked on a program to convert and retrofit more than 400 Rubber-Tire Gantry Cranes (RTGs) in use throughout the APM Terminals global port, terminal, and inland services network to
6318-405: Was procured from renewable resources. In 2023, APM Terminals and DP World published a joint white paper emphasizing the importance of electrified container handling equipment to speed up the decarbonization of the industry. In 2023, to speed up the adoption and understanding of battery electric container handling equipment, APM Terminals commenced a US$ 60 million electrification pilot programme at
6399-456: Was sold to A.P. Moller Holding in 2017. Maersk Oil was sold to TOTAL S.A. in 2018, and Maersk Drilling became a separately listed company in April 2019. In 2017, the company was one of the main victims of the NotPetya ransom malware attack, which severely disrupted its operation for several months. In 2021, the company bought 8 carbon-neutral ships for £1bn. In August 2021, Maersk joined
6480-504: Was the combined brand of the Maersk Group's logistics activities, previously known as Maersk Logistics and Damco. As of 2008, Damco had 10,800 employees in offices in more than 93 countries. and was involved in supply chain management and freight forwarding all over the world. In September 2019, Maersk announced that they would dissolve the Damco brand and integrate their remaining activities after initially merging Maersk Line and Damco at
6561-721: Was the lowest number of LTI ever achieved by APM Terminals. The LTI frequency rate (LTIF) for the year was 1.62 per million man-hours worked, slightly higher than the 1.52 recorded in 2016. There were also three fatalities at APM Terminals facilities during the year. A new incident reporting tool was launched across all APM Terminals locations globally in the fourth quarter of 2017. The new tool greatly improves our ability to analyze our data and gain more insight into eliminating risk by utilizing data-driven decisions on where to focus attention going forward. In 2018, we continue to work to improve our environmental performance specifically and to develop global environmental standards and guidelines. In
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