A.P. Møller – Mærsk A/S ( Danish: [ˈɛˀ ˈpʰe̝ˀ ˈmølɐ ˈmɛɐ̯sk] ), usually known simply as Maersk ( English: / m ɛər s k / MAIRSK ), is a Danish shipping and logistics company founded in 1904 by Arnold Peter Møller and his father Peter Mærsk Møller .
59-476: 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 the company is controlled by the namesake Møller family through holding companies . The company's 2023 annual revenue
118-589: 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
177-609: 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
236-735: A fleet of over 160 vessels. Its container fleet, consisting of owned and leased vessels, had a capacity of 635,000 twenty-foot equivalent units (TEU). Royal P&O Nedlloyd N.V. had 13,000 employees in 146 countries. By the end of 2006, Maersk global market share had fallen from 18.2% to 16.8%, at the same time, the next two largest carriers increased their market share, MSC went from 8.6% to 9.5% and CMA CGM from 5.6% to 6.5%. In January 2008, Maersk Line announced drastic reorganisational measures. In November 2015, after lower than expected results, Maersk Line announced its decision to lay off 4000 employees by 2017. The group said it would cut its annual administration costs by $ 250 million over
295-525: 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
354-496: 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
413-486: 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
472-420: A series of slot exchanges and slot purchases on east–west routes, also involves Maersk Line and MSC taking over a number of charters and operations of vessels chartered to HMM . The 2M Alliance include 185 vessels with an estimated capacity of 2.1 million TEU, deployed on 21 strings. On 25 January 2023, CEO Vincent Clerc of A. P. Moller – Maersk and CEO Soren Toft of MSC announced in a joint press statement that
531-562: 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. Port operator A port operator
590-531: A total capacity of about 4.1 million TEU . At the beginning of the 1920s, A.P. Moller considered possibilities of going into liner trade business. The tramp trade, where vessels sailed from port to port depending on the demand, was expected to lose ground to liners in time. On 12 July 1928, the vessel Leise Mærsk left Baltimore on its first voyage from the American East Coast via the Panama Canal to
649-502: A yard for further assessment and repair. On 25 February she reached the yard of Palermo , Sicily , where she was scheduled to stay for four months. The flooded engine was disassembled, repaired and assembled, and in August 2013, she was in service again after a DKK 250 million (roughly US$ 44.5m) repair. On 6 March 2018, a major fire broke out in the No.3 forward cargo hold of Maersk Honam while
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#1732837323478708-405: Is a Danish international container shipping company and the largest operating subsidiary of Maersk , a Danish business conglomerate. Founded in 1928, it is the world's second largest container shipping company by both fleet size and cargo capacity, offering regular services to 374 ports in 116 countries. As of 2024, it employed over 100,000 people. Maersk Line operates over 700 vessels and has
767-407: Is a port authority or company that contracts with the port authority to move cargo through a port at a contracted minimum level of productivity. They may be state-owned (particularly for port authorities) or privately run. The work involves managing the movement of cargo containers between cargo ships , trucks and freight trains and optimizing the flow of goods through customs to minimize
826-411: 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
885-437: 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
944-521: 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",
1003-748: 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
1062-468: 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
1121-538: 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
1180-616: The SS ; Ideal X from Port Newark, New Jersey , to Houston, Texas . In 1967, British carrier P&O was part of the first European initiative, a pooling of liner services from four companies, into the new company Overseas Containers Limited (OCL). Both Sea-land and P&O would later be taken over by Maersk Line as it expanded operations between 1999 and 2005. In 1999, Maersk entered into an agreement on acquisition of Safmarine Container Lines (SCL) and its related liner activities from South African Marine Corporation Limited (Safmarine). At
1239-564: The SeaLand Service brand for its American trade lanes. As of July 2011, the Maersk Line fleet comprises more than 700 vessels (with Hamburg Süd and Safmarine combined) and a multitude of containers corresponding to more than 3.8 million TEU (twenty-foot equivalent unit) In 2006, the E-class vessel Emma Maersk , was delivered to Maersk Line from Odense Steel Shipyard . It was by far,
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#17328373234781298-513: The Far East and back. The cargo consisted of Ford car parts and other general cargo. This heralded the start of Maersk's shipping services. Maersk Line began to grow in 1946 after the Second World War by transporting goods between America and Europe before expanding services in 1950. On 26 April 1956, ocean-borne container transport was introduced with the shipment of a SeaLand container aboard
1357-558: The Maersk Line. The following list is not complete, due to smaller feeder ships, that not are included as part of the Maersk Line fleet: On 8 April 2009, the container ship Maersk Alabama was seized by pirates in the Indian Ocean at a distance of 240 nautical miles (440 km; 280 mi) southeast of Eyl , Somalia . The siege ended after a rescue effort by the United States Navy on 12 April. On 1 February 2013,
1416-462: The U.S. following a 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
1475-706: 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
1534-418: The amount of time a ship spends in port. Maintaining efficiency involves managing and upgrading gantry cranes , berths , waterways , roads , storage facilities, communication equipment, computer systems and dockworkers' union contracts. The port operator also manages paperwork, leases, safety and port security. This is a list of the world's largest port operators. Maersk Line Maersk Line
1593-467: 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
1652-729: The company bought 8 carbon-neutral ships for £1bn. In August 2021, Maersk joined 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
1711-486: The company's ships emitted 35.5 million tonnes of CO2e, and it hopes to eliminate that by using biofuels to power its fleet. In 2022, Maersk ordered 12 dual-fuel container ships from Hyundai by 2025, capable of sailing on both fossil bunker fuel and methanol . Maersk's main operations serve the Asia-Europe and Trans-Atlantic trades, and also between South America and Europe as well as to Africa. The company also introduced
1770-596: The concept of Daily Maersk in 2011, which provided a premium guaranteed service between supply ports of China and European base ports. Despite support from the trade, Maersk Line was forced to cut down services due to oversupply. Recent restructuring of its products have included upgrades to their Asia to Australia, India to West Africa, and China to America routes. In addition to those main trade routes, Maersk Line also operates many continental trade lines. It operates in its Intra-Asia route through MCC Transport, its European route through Seago Lines, and recently re-launched
1829-599: The conglomerate structure and to concentrate only on container logistics in 2016. The majority shareholding in Maersk Tankers 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,
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1888-466: The container ship Emma Maersk suffered a damaged stern thruster and took on so much water in the Suez Canal that she became unmaneuverable. Tugs , anchors and the wind took her to Port Said to offload 13,500 containers, drain her and be investigated by divers. She had not been in danger of sinking. On 15 February 2013, the Maersk Line confirmed that she was about to leave Port Said under tow to
1947-678: The container ship Maersk Roubaix suffered from engine issues and became adrift in the Mediterranean 370 kilometres from Malta , while it was en route to the port of Algeciras in Spain. A tugboat was dispatched to assist. On 2 February 2022, the container ship Mumbai Maersk ran aground near the Port of Bremerhaven in Germany . A first attempt to tow the container ship into deeper water using two multi-purpose vessels and five tugboats failed. On 4 February,
2006-486: 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
2065-568: 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
2124-403: The global industry market share, and Maersk-Sealand had 12%. The combined company would be about 18% of world market share. Maersk completed the buyout of the company on 13 August 2005, Royal P&O Nedlloyd shares terminated trading on 5 September. In February 2006, the new combined entity adopted the name Maersk Line . At the time the company was folded into A.P. Moller, it owned and chartered
2183-456: 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
2242-446: 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,
2301-456: 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
2360-487: The impact as a capacity loss of 15–20 percent across the merchant shipping industry, based on its FY second quarter. Maersk also then announced that its ships were rerouting around the Cape of Good Hope to avoid further attacks. In 2015, Maersk and Mediterranean Shipping Company (MSC) launched the 2M Alliance, a vessel-sharing agreement on the Asia-Europe, trans-Pacific and trans-Atlantic trades. The arrangement, which includes
2419-486: 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
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2478-410: The largest container ship in the world at the time. Seven other sister ships have since been built, and in 2011, Maersk ordered 20 even larger container ships from Daewoo , the Triple E class , each with a capacity of 18,000 containers. The first of these Triple E Class ships was delivered on June 14, 2013, and was christened with the name Mærsk Mc-Kinney Møller after the son of the founder of
2537-421: The next two years and would cancel 35 scheduled voyages in the fourth quarter of 2015 on top of four regularly scheduled sailings it canceled earlier in the year. As of October 2015, Maersk Line along with its subsidiaries such as Seago, MCC, Safmarine and SeaLand, control a combined 18% share of the total container shipping market. Since 1 December 2017, Hamburg Süd had been part of the company. In 2023, it
2596-428: 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)
2655-660: The ship was refloated with the help of eight tugboats. A vessel assessment was done when she arrived at the Port of Bremerhaven . On 31 December 2023, Houthis attacked Maersk Hangzhou from smaller ships, while traversing the Red Sea . Shots were fired at the vessel and boarding attempts were made while a private security team aboard defended the container ship . The aircraft carrier USS Eisenhower and its helicopters, along with destroyer USS Gravely , responded to Maersk Hangzhou ' s distress call. The U.S. ships, part of Operation Prosperity Guardian , sunk three of
2714-548: 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
2773-468: The time of acquisition, Safmarine Container Lines operated approximately 50 liner vessels and a fleet of about 80,000 containers. It covered a total of ten trades and fully complemented Maersk Line's existing network. Safmarine Container Lines joined the A.P. Moller – Maersk Group as an independent unit with its own liner activities. On 10 December 1999, the A.P. Moller Group acquired the international container business of SeaLand Service Inc. The business
2832-551: The two shipping lines would terminate the 2M Alliance in January 2025. In 2011–12, Maersk Line cooperated with the US Navy on testing between 7 and 100% algae biofuel on Maersk Kalmar . From 2007 to 2014, and mainly due to slow steaming , Maersk Line reduced its CO 2 emissions by 40% or 11 million tonnes, about the same reduction as the rest of Denmark . Maersk set a goal in December 2018 to be carbon neutral by 2050. In 2017,
2891-542: The vessel was in the Arabian Sea about 900 nautical miles (1,700 km; 1,000 mi) southeast of Salalah , Oman, en route from Singapore to Suez. It took over three days to get the fire under control and the ship continued to burn for several more weeks. The ship was salvaged and the damaged parts of the vessel were rebuilt. Retaining its original IMO number , the ship was renamed Maersk Halifax before entering into service again in August 2019. On 21 December 2021,
2950-455: 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
3009-536: 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 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
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#17328373234783068-710: 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') 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
3127-473: Was announced that Hamburg Süd would be unified with the Maersk brand. In March 2021, Maersk announced that is aiming to have the world's first carbon neutral vessel launched in 2023, seven years ahead of its original schedule. In August of that year, the company purchased eight methanol powered shipping vessels for $ 1.4 billion from Hyundai Heavy Industries . In 2012, Maersk Line paid $ 31.9 million in fines to
3186-751: 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
3245-513: 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 the existing fleet of
3304-416: 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
3363-401: 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
3422-410: Was integrated with the A.P. Moller Group companies and as part of the integration, Maersk Line changed its name to Maersk Sealand. The acquisition comprised 70 vessels, almost 200,000 containers as well as terminals, offices and agencies around the world. In May 2005 Maersk announced plans to purchase P&O Nedlloyd for 2.3 billion euros . At the time of the acquisition, P&O Nedlloyd had 6% of
3481-502: 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
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