China's COSCO Shipping Ports Limited Tuesday announced its subsidiary has acquired a 40-percent stake in Italy's Vado Holding B.V. from Maersk Group's APM Terminal for 53 million euros (58.3 million U.S. dollars). Vado Holding operates ...
Tags: COSCO, Overseas Shipping
Maersk Line, the containerized division of the Maersk Group said it will introduce a new Low Sulphur Surcharge (LSS), to offset the additional cost incurred by switching to cleaner fuels in Emission Control Areas, as required by the new ...
Tags: Low Sulphur Surcharge, Textile
The new edition of Maersk Post has been published featuring a wide range of stories from across the Maersk Group, including a report on how Maersk Drilling aims to be a significant player in the ultra-deepwater market. "There is a lot to ...
Tags: Maersk Post, Maersk Group, Maersk Drilling, Chris Hallan
Maersk Group/Flickr A.P. Moeller-Maersk plans to sell its stake in a supermarket and department store to focus on transport and energy, Bloomberg News reported. The owner of the world's largest container line, with 3.4 million ...
Tags: A.P.Moeller-Maersk, sell stake, Dansk Supermarked, Nils Andersen
BP Norway has extended the contract for the jack-up Maersk Reacher by two years from September 2014 to September 2016.BP Norway holds options to further extend the contract by up to additional four years until September 2020.The estimated ...
Tags: BP Norway, jack-up Maersk Reacher, contract extension, Maersk Drilling
The Valspar Corporation and Maersk Container Industry announced a long-term supply agreement. Valspar, one of the global leaders in the paint and coatings industry, will provide Valspar Aquaguard waterborne coating for shipping containers ...
Tags: Valspar, Waterborne Coating
Maersk Drilling has signed a contract with Premier Oil Norge AS for the jack-up Maersk Guardian for a one well drilling operation, the Myrhauk exploration well, in the Norwegian North Sea. The duration of the contract is approximately 62 ...
The Valspar Corporation and Maersk Container Industry have entered into a long-term supply agreement. Valspa will provide Valspar Aquaguard waterborne coating for shipping containers manufactured in Maersk Container Industry’s ...
Tags: Valspar, waterborne coating, Maersk Container Industry
Maersk Group announces from spec to sea follow the Triple-e Monday, May 20, 2013 The first Triple-E vessel is scheduled for delivery on 28 June 2013, with its actual service in the Maersk Line fleet on the Asia - Europe trade to begin in ...
Tags: Maersk Group, Triple-E, Transportation
Shipping has so far not benefited from the research and development that has turned biomass into one of the world's most important sources of renewable energy. Two projects involving Maersk aim to change that. With an annual fuel bill of ...
Denmark based AP Moller Maersk Group, one of the largest port operators in the world, has emerged as the frontrunner to acquire a significant stake to be offloaded by Infrastructure major, Larsen and Toubro at Dhamra Port located in Orissa. ...
Tags: AP Moller Maersk Group, port operator, acquisition, infrastructure
II . Economy i. Economic Aggregate Economic aggregate of Shandong ranks 2nd place in our country. In 2005, Shandong realized GDP 1.8 trillion Yuan,15% higher than the previous year. The growth rate has kept two-digit number for 15 ...
Tags: Shandong, business, introduction to Shandong, Shandong economy, survey