Danish shipping giant AP Moller-Maersk has agreed to invest $600m in Nigeria’s port expansion and improvement project. The company’s chair, Robert Maersk Uggla, agreed to the investment in a m ...

Danish shipping and logistics company, A.P Moller-Maersk, says it will invest $600m to expand existing port infrastructure to accommodate more container shipping services in Nigerian ports.

AP Moller-Maersk already cut 6,500 roles earlier this year as part of "rigorous cost containment measures" but said more redundancies were needed. The firm, which transports goods for major ...

FedEx Nigeria, and Maersk Nigeria, which is part of the UK-based A.P. Moller-Maersk. Bollore Logistics Nigeria is another firm that has maintained its operations in the country. Similarly ...

This year the two shipping companies confirmed that the so-called 2M alliance will end in 2025 Mediterranean Shipping Company and AP Møller-Maersk that since 2015 set aside their rivalry and ...

Maersk is now a focused global shipper and logistics company after divesting its energy and drilling, banking, and towage businesses in recent years. It is investing heavily to build the logistics ...

Maersk now sees underlying earnings before interest, tax, depreciation and amortization of $11 billion to $11.5 billion this year, topping both its prior forecast range and the average $10.1 ...

OSLO/COPENHAGEN (Reuters) - Danish shipping group A.P. Moller-Maersk said on Monday it had raised its full-year forecasts on the back of strong third quarter results, robust demand and the ...

A.P. Moller-Maersk raised its annual financial outlook for the fourth time this year after posting a surge in third quarter revenue and underlying earnings amid strong freight demand and tight ...

Protests rocked Morocco over the past 48 hours over a U.S.-flagged ship docking at Tangier port. Protesters chanted ...

COPENHAGEN - A Maersk container ship has been denied entry to the Spanish port of Algeciras, the Danish shipping company said on Nov 9, denying that the vessel is transporting arms to Israel.

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