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AP Moeller - Maersk A/S (MAERSKa.CO)

MAERSKa.CO on Copenhagen Stock Exchange

8,270.00DKK
22 Mar 2019
Change (% chg)

kr.-155.00 (-1.84%)
Prev Close
kr.8,425.00
Open
kr.8,395.00
Day's High
kr.8,465.00
Day's Low
kr.8,235.00
Volume
5,325
Avg. Vol
6,846
52-wk High
kr.10,110.00
52-wk Low
kr.7,225.00

Latest Key Developments (Source: Significant Developments)

Maersk Oil Trading And Investments Says Has Decided And Launched Sale Of Its Ordinary Shares In Total S.A
Tuesday, 19 Mar 2019 

March 19 (Reuters) - AP Moeller - Maersk A/S ::MAERSK OIL TRADING AND INVESTMENTS A/S (”MOTI”) SAYS HAS DECIDED AND LAUNCHED TODAY A SALE OF ITS ORDINARY SHARES IN TOTAL S.A.MOTI - EXPECTS TO HOLD NO SHARES IN TOTAL FOLLOWING THE DIVESTMENT.MOTI - PLACING COMPRISES AN OFFERING OF 17.3 MILLION EXISTING ORDINARY SHARES CORRESPONDING TO THE ENTIRE STAKE CURRENTLY HELD DIRECTLY BY MOTI IN TOTAL.  Full Article

Maersk Proposes Two New Board Members From Travelport Worldwide And Unilever
Monday, 4 Mar 2019 

March 4 (Reuters) - AP Moeller - Maersk A/S ::SAYS ROBERT ROUTS AND JAN LESCHLY WILL STAND DOWN FROM BOARD OF DIRECTORS.BOARD OF DIRECTORS PROPOSES THAT BERNARD L. BOT AND MARC ENGEL ARE ELECTED AS NEW MEMBERS OF BOARD OF DIRECTORS.SAYS BOARD PROPOSES RE-ELECTION OF DOROTHEE BLESSING, NIELS BJØRN CHRISTIANSEN AND ARNE KARLSSON.  Full Article

Maersk Q4 Beats Expectations, Sees Stronger 2019
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - AP Moeller - Maersk A/S ::SAYS FROM 2019 AND ONWARDS, INTERNATIONAL FINANCIAL REPORTING STANDARD (IFRS) 16 WILL BE APPLIED. IFRS 16 ENTAILS THAT LEASES BEYOND 12 MONTHS WILL BE INCLUDED IN THE BALANCE SHEET AS ASSETS AND LIABILITIES.SAYS FOR 2019, MAERSK EXPECTS EBITDA OF AROUND USD 5BN INCLUDING EFFECTS FROM IFRS 16, AND AROUND USD 4BN EXCLUDING EFFECTS FROM IFRS 16.SAYS THE ORGANIC VOLUME GROWTH IN OCEAN IS EXPECTED TO BE IN LINE WITH THE ESTIMATED AVERAGE MARKET GROWTH OF 1-3% FOR 2019.SAYS GUIDANCE ON CAPEX IS AROUND USD 2.2BN AND HIGH CASH CONVERSION (CASH FLOW FROM OPERATIONS COMPARED WITH EBITDA) IS EXPECTED.SAYS MAERSK’S GUIDANCE FOR 2019 IS SUBJECT TO CONSIDERABLE UNCERTAINTIES DUE TO THE CURRENT RISK OF FURTHER RESTRICTIONS ON GLOBAL TRADE AND OTHER FACTORS IMPACTING CONTAINER FREIGHT RATES, BUNKER PRICES AND FOREIGN EXCHANGE RATES.SAYS P02018 ROFITABILITY WAS IN LINE WITH THE LATEST GUIDANCE FOR 2018, WITH EARNINGS BEFORE INTERESTS, TAX, DEPRECIATION AND AMORTIZATION (EBITDA) OF USD 3.8BN, UP 8% OVER 2017.SAYS THE IMPROVEMENT IN OPERATING EARNINGS WAS DRIVEN BY HIGHER FREIGHT RATES, EFFICIENCIES GAINED FROM THE INTEGRATION OF CONTINUING OPERATIONS, AND SYNERGIES FROM THE ACQUISITION OF HAMBURG SÜD.  Full Article

Maersk Aims For First Day Of Trading For Maersk Drilling On April 4
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - AP Moeller - Maersk A/S ::SAYS THE ANTICIPATED FIRST DAY OF TRADING FOR MAERSK DRILLING ON NASDAQ COPENHAGEN IS ON 4 APRIL 2019.SAYS SHAREHOLDERS WILL RECEIVE ONE SHARE IN MAERSK DRILLING PER NOMINAL A.P. MOLLER - MAERSK DKK 500 SHARE AND TWO SHARES IN MAERSK DRILLING PER NOMINAL A.P. MOLLER - MAERSK DKK 1,000 SHARE.A.P. Møller Holding A/S has agreed to a 360-days lockup of their shareholding in Maersk Drilling, subject to certain customary exemptions.2018 REVENUE $39,019 MILLION.  Full Article

Maersk And PBF Logistics Agree Production And Storage Of Low-Sulphur Fuel
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - AP MOELLER - MAERSK A/S ::SAYS MAERSK AND PBF LOGISTICS LP ANNOUNCE AGREEMENT FOR PRODUCTION AND STORAGE OF 0.5% SULPHUR FUEL ON THE U.S. EAST COAST.SAYS PBF LOGISTICS TERMINAL FACILITY IN NEW JERSEY TO DELIVER APPROX. 10% OF A.P. MOLLER – MAERSK’S ANNUAL FUEL DEMAND AS MAERSK CONTINUES PREPARATIONS FOR THE INTERNATIONAL MARITIME ORGANIZATION’S (IMO) 2020 GLOBAL SULPHUR REGULATION.  Full Article

China Navigation To Acquire The Bulk Shipping Activities Of Hamburg Süd
Monday, 21 Jan 2019 

Jan 21 (Reuters) - HAMBURG SÜD, PART OF DANISH SHIPPING GROUP A.P. MOLLER-MAERSK MAERSKB.CO , SAYS::CHINA NAVIGATION TO ACQUIRE THE BULK SHIPPING ACTIVITIES OF HAMBURG SÜD.THE BULK SHIPPING BUSINESS IN HAMBURG SÜD OPERATES FROM HAMBURG, LONDON, MELBOURNE AND RIO DE JANEIRO WITH A CHARTERED FLEET OF APPROXIMATELY 45 VESSELS.CLOSING OF THE AGREEMENT IS EXPECTED BY THE END OF THE FIRST QUARTER OF 2019, SUBJECT TO REGULATORY APPROVAL.THE PARTIES HAVE AGREED NOT TO DISCLOSE THE SALES PRICE.  Full Article

Cielo Hernandez Appointed Senior Vice President And CFO SJI
Tuesday, 15 Jan 2019 

Jan 14 (Reuters) - South Jersey Industries Inc ::CIELO HERNANDEZ APPOINTED SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER SJI.SOUTH JERSEY INDUSTRIES INC - CIELO HERNANDEZ JOINED AS SENIOR VICE PRESIDENT & CFO, EFFECTIVE JANUARY 14.SOUTH JERSEY INDUSTRIES INC - HERNANDEZ JOINS SJI FROM A.P. MOELLER MAERSK LINE A/S.  Full Article

2M Alliance, Zim Extend Strategic Cooperation
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - AP MOELLER - MAERSK A/S SAYS::THE 2M ALLIANCE PARTNERS MAERSK, MEDITERRANEAN SHIPPING COMPANY (MSC) AND ZIM TODAY ANNOUNCED THE AGREEMENT TO EXTEND THEIR STRATEGIC COOPERATION TO COVER SELECT 2M SERVICES ALSO ON THE ASIA - US WEST COAST AND ASIA - MEDITERRANEAN TRADE LANES.  Full Article

Maersk Says Maersk Supply Service Awarded Long-Term Contract In Australia
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - MAERSK ::SAYS MAERSK SUPPLY SERVICE AWARDED LONG-TERM CONTRACT IN AUSTRALIA.SAYS THE CONTRACT WILL SEE TWO OF ITS NEWBUILD ANCHOR HANDLING TUG SUPPLY VESSELS SUPPORT THE CHEVRON-OPERATED GORGON STAGE TWO DRILLING PROGRAMME.MAERSK MARINER AND MAERSK MASTER WILL PROVIDE TOWING, ANCHOR HANDLING, SUPPLY, AND WROV SERVICES FOR THE PROGRAMME IN THE NORTHWEST SHELF OF WESTERN AUSTRALIA STARTING IN Q2 2019.  Full Article

Maersk Drilling Appoints Board Of Directors Ahead Of Listing
Monday, 7 Jan 2019 

Jan 7 (Reuters) - A.P. MOLLER-MAERSK SAYS::MAERSK DRILLING HOLDING HAS MADE PLANNED PROGRESS TO ENSURE COMPANY IS READY FOR AN INDEPENDENT LISTING ON NASDAQ COPENHAGEN DURING 2019.BOARD OF DIRECTORS HAS BEEN STRENGTHENED AND A CLEAR GOVERNANCE STRUCTURE ESTABLISHED.MAERSK DRILLING WILL RELEASE ITS FIRST CONSOLIDATED ANNUAL REPORT AS A STANDALONE ENTITY ON FEBRUARY 7, 2019.PLANS TO SEPARATELY LIST MAERSK DRILLING ON NASDAQ COPENHAGEN DURING 2019, WITH AMBITION OF HAVING COMPANY READY TO OPERATE AS AN INDEPENDENT ENTITY IN DUE TIME BEFORE A LISTING.ROBERT M. UGGLA WILL BE APPOINTED VICE CHAIRMAN OF BOARD OF DIRECTORS.THE BOARD OF DIRECTORS NOW CONSISTS OF SIX MEMBERS, WHEREOF FIVE WILL BE PROPOSED AS MEMBERS OF THE BOARD OF DIRECTORS IN THE FUTURE LISTED COMPANY TO BE APPROVED AS PART OF THE APPROVAL OF THE DEMERGER.EXPECTS TO EXPAND THE BOARD OF DIRECTORS, WHEN ADDITIONAL QUALIFIED AND INDEPENDENT CANDIDATES HAVE BEEN IDENTIFIED.MADS WINTHER WILL NOT BE PROPOSED AS MEMBER OF THE BOARD OF DIRECTORS IN THE FUTURE LISTED COMPANY AND WILL STEP DOWN IN CONNECTION WITH THE LISTING.CLAUS V. HEMMINGSEN AND ROBERT M. UGGLA WILL CONSTITUTE THE CHAIRMANSHIP OG THE BOARD.KATHLEEN MCALLISTER, ROBERT ROUTS AND MARTIN N. LARSEN HAVE ALSO BEEN APPOINTED TO THE BOARD.  Full Article

Maersk says U.S. shipping investigation closed, firm released from any obligations

LONDON, Feb 26 Denmark's A.P. Moller Maersk said on Tuesday a U.S. Department of Justice investigation into the practices of container shipping companies had closed and the group was released from any obligations.