Maersk and the Port Authority of New York and New Jersey (PANYNJ) have agreed to extend APM Terminals Elizabeth's lease through December 2062. #APMTerminalsElizabeth #APMTerminals #Maersk #PortAuthorityofNewYorkandNewJersey #PANYNJ #shipping

Maersk named its newest dual-fuel methanol container vessel in Mumbai today as a part of the vessel’s maiden voyage to India. #Maersk #AlbertMaersk #Mumbai #RakshaKhadse #APMTerminalsMumbai #India #shipping

Maersk named its newest dual-fuel methanol container vessel in Mumbai today as a part of the vessel’s maiden voyage to India. #Maersk #AlbertMaersk #Mumbai #RakshaKhadse #APMTerminalsMumbai #India #shipping

DP World welcomed the first call of the ME11/IMX service at its Mundra terminal under Gemini Cooperation – a strategic alliance between Hapag-Lloyd and Maersk - aimed at enhancing global trade connectivity through a fast, flexible, and reliable ocean freight network. #DPWorldMundra #Gemini #Hapag #Maersk #globaltrade #oceanfreightnetwork #trade #Shipping #Europe #MiddleEast #IndianSubcontinent

Maersk and Cochin Shipyard (CSL) signed a memorandum of Understanding (MoU) to explore collaboration opportunities in ship repair, maintenance and building activities in India. #Maersk #CochinShipyard #CSL #memorandumofUnderstanding #MoU #maritimehubs #India #shipping

Maersk reported a net profit of $6.09 billion for 2024, up 56 percent from $3.9 billion in 2023, driven by growth across all segments and significantly improved profitability. #Maersk #shipping #freightrates #Logistics #terminalbusiness

Maersk reported a net profit of $6.09 billion for 2024, up 56 percent from $3.9 billion in 2023, driven by growth across all segments and significantly improved profitability. #Maersk #shipping #freightrates #Logistics #terminalbusiness

Maersk A/S and Hapag-Lloyd AG will launch their operational collaboration, Gemini Cooperation, on February 1. The network will include around 340 vessels phased in over time. The first sailings under the new schedules will begin on the same day. #Maersk #HapagLloyd #GeminiCooperation #logistics #interconnectedoceannetwork

Maersk and Hapag-Lloyd have launched their operational collaboration, Gemini cooperation, which aims to deliver a flexible and interconnected ocean network. #Maersk #HapagLloyd #GeminiCooperation #logistics #interconnectedoceannetwork

German carrier Hapag-Lloyd reported an eight percent increase in earnings at $2.8 billion for 2024 on five percent increase in volumes to 12.5 million TEUs (despite the rerouting of ships via the Cape of Good Hope due to the security situation in the Red Sea and the associated longer voyage times) and stable average freight rate ($1,492/TEU). #HapagLloyd #CapeofGoodHope #GeminiCooperation #Maersk #shipping

German carrier Hapag-Lloyd reported an eight percent increase in earnings at $2.8 billion for 2024 on five percent increase in volumes to 12.5 million TEUs (despite the rerouting of ships via the Cape of Good Hope due to the security situation in the Red Sea and the associated longer voyage times) and stable average freight rate ($1,492/TEU). #HapagLloyd #CapeofGoodHope #GeminiCooperation #Maersk #shipping

As the deadline for new container shipping alliances near, here's a look back: overall, across the entire alliance life cycle of the current alliance structure so far (2017-2024), 2M was the most consistent in terms of schedule reliability, with the highest composite score, according to the latest update from Sea-Intelligence. #SeaIntelligence #2M #THEAlliance #OceanAlliance #MSC #Maersk #OceanNetworkExpress #ONE #HMM #YangMing #CMA #CGM #CoscoShipping