Tag: Maersk Supply Service

• Friday, May 5th 2017 - 08:30 UTC

  Falklands oil exploration: Maersk denies in Argentine court any involvement since 2011

  

  Danish shipping company Maersk has denied involvement in any offshore exploration/exploitation activities in the Falkland Islands, since specific legislation was passed by the Argentine congress. The Argentine Chamber of Tugs accused the Danish company of violating legislation referred to oil industry operations in the disputed South Atlantic Islands.

• Friday, February 17th 2017 - 10:46 UTC

  Korea's Hanjin Shipping, world's seventh largest, goes down

  

  Hanjin Shipping used to be one of the world's top 10 shipping companies, but now it faces the final curtain. This Friday is the deadline for the firm to be declared bankrupt by a South Korean court after months of uncertainty. Hanjin's collapse is the largest to hit the shipping sector and it sent shockwaves through the industry.

• Wednesday, May 25th 2016 - 06:38 UTC

  Container shipping “fragile”; third largest firm reports loss in first quarter, plans US$ 1bn in cost cuts

  

  France's CMA CGM, the world's third-largest container shipping firm, reported a first-quarter net loss and targeted US$1 billion in cost cuts to keep operating margins positive during the current market downturn. Weak freight rates in the past year have left many lines operating at a loss.

• Friday, December 16th 2011 - 06:09 UTC

  Maersk orders from Chile two offshore supply vessels for Canada

  

  Maersk Supply Service has contracted Chilean shipyard Asenav, the country’s largest private yard, to build two new offshore vessels, with an option for up to four more.