Maersk's ongoing restructuring will improve shareholder value, said former group chief executive Nils Andersen.
Insurance firms are facing increasing competitive pressure on all fronts due to the rise of insurance technology (insurtech), according to a report.
EY said Wednesday that it plans to launch the first blockchain platform for marine insurance, alongside Microsoft, Maersk and others.
Under the deal, Total will transfer 97.5 million shares, or about 3.8 percent of its equity, to Maersk.
European markets closed lower on Monday amid persistent geopolitical uncertainty, though mining stocks helped to limit losses.
Denmark's A.P. Moller-Maersk said Monday it had agreed to sell its oil and gas division, Maersk Oil, to French oil major Total SA for $7.45 billion.
Robbert Van Trooijen, APAC CEO of Maersk Line, discusses the shipping line's latest earnings and says he's confident trade will continue to grow.
Maersk says it has put in place new protective measures after the NotPetya cyberattack, which could end up hurting revenue by as much as $300 million.
European stocks closed higher on Wednesday afternoon, as geopolitical tensions in the Korean peninsula eased and investors waited braced for the release of minutes from the last Federal Reserve meeting.
Denmark's A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday.
A.P. Moller Maersk CEO Søren Skou said that the firm did all it could to ensure the safety of its ships and cargo, following a ransomware attack that hit his business in June.
COSCO Shipping's and Hong Kong's OOIL's shares leaped on Monday after COSCO Shipping made a $6.3 billion bid for OOIL on Sunday.
The FedEx cyberattack could be part of a bigger ploy beyond financial destruction, according to analysts appearing on CNBC.
Cybersecurity stocks rose on Wednesday following a large-scale ransomware attack.
European bourses closed lower on Wednesday, as technology stocks slumped after weakness seen on Wall Street in the previous session.
Over 12,000 machines in around 65 countries including the United States have been hit by the cyberattack.
Robbert van Trooijen, CEO, APAC of Maersk Line, says there's a positive trend for the shipper in the year ahead as container trade growth looks optimistic.
European markets closed lower; BoE hold interest rates; Hikma down 7%
Moller-Maersk reported net profit ahead of most analysts' forecasts Thursday but added its performance was unsatisfactory.
Robbert van Trooijen, APAC CEO of Maersk Line, says this year will be more profitable than the last.