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Noble Corp. (NYSE:NE) and Maersk Drilling (OTC:DDRLF) said after the close Tuesday that they expect to divest certain jack-up drilling rigs located in the North Sea to obtain conditional antitrust clearance from U.K. authorities for their planned merger. The companies said the merger has been...
The Market is experiencing a withdrawal of its monthly inflow of candy - namely Quantitative Easing and Fiscal Stimulus. The Sugar Detox already shows which equities are obese or in shape. Junk food - tasteless without the added sugar - will underperform. Boring vegetables &am...
A.P. Moeller-Maersk (OTCPK:AMKBY) says it will temporarily stop all container shipping to and from Russia in response to sanctions imposed on the country following its invasion of Ukraine. The suspension, which will cover all Russian ports, will not apply to foodstuffs, medical and humanitari...
ZIM is flush with cash from a booming container shipping industry. The company recently initiated a dividend policy that could deliver a 15-30% yield for the next two years. ZIM is also signing new charter agreements on eco-friendly vessels to expand its services and establish its...
A.P. Møller - Mærsk A/S (AMKBY) Q4 2021 Results Conference Call February 09, 2022 05:00 AM ET Company Participants Soren Skou - CEO Patrick Jany - CFO Vincent Clerc - CEO, Ocean & Logistics Conference Call Participants Muneeba Kayani - Bank of America Lars Heindorff - Nordea Par...
The following slide deck was published by A.P. Møller - Mærsk A/S in conjunction with their 2021 Q4 earnings call. For further details see: A.P. Møller - Mærsk A/S 2021 Q4 - Results - Earnings Call Presentation
Shipping giant A.P. Moeller-Maersk (OTCPK:AMKBY +6.5%) said it expects to have a strong first half of the year, even as the chaos that has weighed on global supply chains will continue before stabilizing later in the year. Maersk said it expects underlying EBITDA of ~$24B in FY 2022, similar ...
A.P. Møller - Mærsk A/S press release (OTCPK:AMKBY): Q4 GAAP EPS of $323.00. Revenue of $18.51B (+64.4% Y/Y). The company expects FY2022 an underlying EBITDA of around $24B, an underlying EBIT of around $19B and a free cash flow above $15B. For further details see: A.P. Mø...
A.P. Møller - Mærsk A/S (AMKAF) Q3 2021 Earnings Conference Call November 2, 2021 6:00 AM ET Company Participants Soren Skou - CEO Vincent Clerc - CEO, Ocean & Logistics Patrick Jany - CFO Conference Call Participants Michael Rasmussen - Danske Bank Robert Joynson - Exane BNP Pa...
October 4th saw a massive selloff in the shipping industry. This seems to have primarily been in line with broader market trends and short term fluctuations in container rates. Given the season nature of the rate selloff and insulation of many companies from these fluctuations, th...
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A.P Moeller-Maersk A/S B Company Name:
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Maersk (OTCMKTS: AMKBF) , a Danish integrated shipping company, announced it will launch the first ever carbon neutral cargo ship in 2023. The company aims to reduce its environmental footprint and achieve net-zero carbon dioxide emission by 2050. T...