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AP Moeller - Maersk A/S

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  • *World's biggest tugboat operator eyes growth in Africa. COPENHAGEN, Sept 29- Denmark's Svitzer, the world's biggest tugboat operator, plans to expand in Africa and focus on long-term contracts with oil companies to offset tough trading in its main Australian and European markets, its chief executive told Reuters.

  • Europe ends higher on earnings, Moller-Maersk up 5% Tuesday, 19 Aug 2014 | 12:21 PM ET

    European shares closed higher on Tuesday, boosted by easing tensions in Ukraine and stellar earnings reports.

  • Is all hope lost for container shipping? Wednesday, 18 Jun 2014 | 6:54 PM ET
    A worker operates a forklift among containers at a shipping terminal in Yokohama City, Kanagawa Prefecture, Japan.

    China's rejection of a game changing container shipping alliance has deepened pessimism in an industry plagued by overcapacity, analysts say.

  • Europe shares close higher; Iraq remains in focus Tuesday, 17 Jun 2014 | 12:50 PM ET

    European shares closed higher on Tuesday, bouncing back from Monday's losses.

  • Maersk gives up ship pooling plan, shares tumble Tuesday, 17 Jun 2014 | 12:08 PM ET

    A.P. Moller-Maersk said on Tuesday it had dropped its ship pooling plan after China's Ministry of Commerce announced it had not approved it.

  • Europe closes slightly up; central banks in focus Wednesday, 21 May 2014 | 11:34 AM ET

    European shares closed slightly up on Wednesday, after wavering throughout the day, as investors looked towards central bank policy.

  • Moller-Maersk posts forecast-beating profit Wednesday, 21 May 2014 | 2:40 AM ET
    Shipping container trucks at the port in Long Beach, Calif.

    Danish shipping and oil group Moller-Maersk reported a first-quarter net profit above forecast thanks to doubling of profit in container shipping business Maersk Line.

  • Russia sanctions: Who’s losing out so far Monday, 24 Mar 2014 | 11:17 AM ET

    The sanctions taken against Russia by the West over its annexation of Crimea are already having an impact.

  • Europe stocks close down on Fed mixed signals Wednesday, 13 Nov 2013 | 11:30 AM ET

    European equities closed lower on Wednesday as investors continued to fret over mixed signals from U.S. Federal Reserve officials.

  • Moller-Maersk ups outlook as profit beats Tuesday, 12 Nov 2013 | 8:34 AM ET

    Danish shipping group delivered better-than-expected net profit and raised earnings outlook for the year on stronger Asia growth.

  • Three top stocks as European rally stalls: Pro Tuesday, 5 Nov 2013 | 2:30 PM ET

    "We are expecting the market to go through a consolidation phase," Katrina Dudley of Franklin Templeton.

  • Business eyes a 3-way ocean shipping armada Saturday, 2 Nov 2013 | 7:00 AM ET
    CMA CMG shipping.

    The world's three largest ocean carriers are forming an "alliance" on the trade routes connecting the world's three biggest economic centers.

  • Moller-Maersk ups outlook as profit beats Friday, 16 Aug 2013 | 2:31 AM ET

    Shipping group Moller-Maersk delivered better-than-expected earnings on Friday and lifted its profit target, but the group's CEO warned that the outlook for container shipping remained challenging.

  • Europe Shares Close at Record Highs on Autos Rally Friday, 17 May 2013 | 12:03 PM ET

    European stocks closed higher after volatile trade on Friday, boosted by a rally in the auto sector. The pan-European FTSEurofirst 300 closed provisionally at a new 5-year closing peak.

  • Moller-Maersk CEO: No Need for New Capacity Friday, 17 May 2013 | 3:50 AM ET

    The chief executive of the world's largest container shipping company Moeller-Maersk told CNBC that the company would not order any new ships this year and it had idled 28 vessels around the world this year.

  • 'Significant Growth' in Asia-Europe Trade: Maersk CEO Thursday, 18 Apr 2013 | 12:00 PM ET
    Limossol Port, Cyprus

    The routes are getting investment from shippers, said Maersk CEO Nils S. Andersen.

  • Maersk Warns of Over-Capacity Risk in 2013 Sunday, 3 Mar 2013 | 11:03 PM ET

    Over-capacity in the global container ship market will continue to provide a drain on profit growth in 2013, according to Maersk CEO of North Asia, Tim Smith

  • U.S. stock index futures were higher across the board Friday after stocks logged their sharpest two-day drop this year and following comments from St. Louis Federal Reserve Bank President James Bullard that the central bank's aggressive easy money policy will stay for a "long time."

  • Denmark's Nokia Moment on $100 Billion Stock Friday, 1 Feb 2013 | 6:37 AM ET
    Copenhagen, Denmark

    Denmark is facing its "Nokia moment"; drugmaker Novo Nordisk has ballooned into a $100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the 1990s tech boom.

  • Denmark Faces Nokia Moment on $100 Billion Stock Friday, 1 Feb 2013 | 5:28 AM ET

    Denmark is facing its "Nokia moment"; drugmaker Novo Nordisk has ballooned into a $100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the 1990s tech boom.