Hamburg Süd is making changes in its organisational structure as parent AP Moller - Maersk moves to further integrate the different brands and businesses in its ocean and logistics portfolio.
AP Moller - Maersk is retiring the Safmarine brand which will be merged into its global liner offering as the Danish shipping company continues to re-organise its business.
Leading international maritime shipping companies Maersk and MSC have chosen King Abdullah Port as a logistics station on the Red Sea for the two new shipping routes launched by both companies.
Singapore says its maritime sector has remained relatively resilient in the face of the Covid-19 pandemic and is continuing to invest in talent and training for future growth after the crisis.
The world’s largest container line Maersk is spending a “lot of money” to try and fix the crew change problem but still has one-third of seafarers have been onboard longer than allowed under their contracts.
The second quarter results of AP Moller – Maersk underline that while the Covid-19 pandemic has hit container volumes lines have successfully managed capacity to actually increase profitability.
The world’s leading container carriers have seen their stock value diminished by 10% to 35% over the first half of this year amid the coronavirus (Covid-19) pandemic, according to analyst Alphaliner.
