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

MAERSKa.CO on Copenhagen Stock Exchange

8,505.00DKK
21 Aug 2018
Change (% chg)

kr.25.00 (+0.29%)
Prev Close
kr.8,480.00
Open
kr.8,450.00
Day's High
kr.8,620.00
Day's Low
kr.8,375.00
Volume
4,415
Avg. Vol
7,327
52-wk High
kr.12,910.00
52-wk Low
kr.7,225.00

Latest Key Developments (Source: Significant Developments)

Maersk Establishes Restricted Share Plan For Executive Board Members
Wednesday, 11 Apr 2018 

April 11 (Reuters) - AP MOELLER - MAERSK A/S SAYS::BOARD OF DIRECTORS HAS DECIDED TO ESTABLISH A RESTRICTED SHARES PLAN FOR MEMBERS OF EXECUTIVE BOARD IN ADDITION TO STOCK OPTION PLAN ESTABLISHED IN 2017.THE RESTRICTED SHARES PLAN IS DESIGNED MAINLY FOR THE PURPOSES OF FURTHER LINKING THE EXECUTIVE BOARD MEMBERS' COMPENSATION TO THE LONG-TERM INTERESTS OF THE SHAREHOLDERS AND THE PERFORMANCE OF THE COMPANY BY LINKING A HIGHER PROPORTION OF THE EXECUTIVE BOARD MEMBERS' ANNUAL PAY TO THE SHARE PRICE DEVELOPMENT OF THE COMPANY.THE RESTRICTED SHARES WILL BE GRANTED FREE OF CHARGE TO THE EXECUTIVE BOARD MEMBER AND UPON VESTING THE EXECUTIVE BOARD MEMBER WILL RECEIVE ONE B SHARE IN A.P. MØLLER - MÆRSK A/S OF NOMINALLY DKK 1,000 FOR EACH VESTED RESTRICTED SHARE.THE RESTRICTED SHARES WILL VEST FIVE YEARS AFTER THE MAIN GRANT DATE IN THE YEAR OF THE GRANT.THE THEORETICAL MARKET VALUE OF THE RESTRICTED SHARES IS BASED ON THE 5 DAY VOLUME WEIGHTED AVERAGE OF THE A.P. MØLLER - MÆRSK A/S' B SHARES IN THE 5 TRADING DAYS IMMEDIATELY FOLLOWING THE PUBLICATION OF THE ANNUAL REPORT.THE VALUE OF RESTRICTED SHARES GRANTED TO EACH EXECUTIVE BOARD MEMBER WILL NOT EXCEED 25% OF THE RESPECTIVE EXECUTIVE BOARD MEMBER'S ANNUAL FIXED BASE SALARY.  Full Article

Maersk Says CFO Stausholm To Leave Company
Tuesday, 20 Mar 2018 

March 20 (Reuters) - A.P. MOLLER-MAERSK SAYS::‍EFFECTIVE 31 MARCH 2018 JAKOB STAUSHOLM, CHIEF FINANCE, STRATEGY AND TRANSFORMATION OFFICER WILL LEAVE A.P. MØLLER - MÆRSK A/S..MANAGEMENT (THE EXECUTIVE BOARD) WILL HEREAFTER CONSIST OF CEO SØREN SKOU, VICE CEO CLAUS V. HEMMINGSEN, VINCENT CLERC, SØREN TOFT AND MORTEN ENGELSTOFT..JAKOB STAUSHOLM JOINED A.P. MØLLER - MÆRSK IN 2012 AS CHIEF STRATEGY & TRANSFORMATION OFFICER IN MAERSK LINE AND WAS APPOINTED CHIEF FINANCE, STRATEGY AND TRANSFORMATION OFFICER AND MEMBER OF THE EXECUTIVE BOARD 1 DECEMBER 2016. ​.  Full Article

Maersk Says ‍Remains Of Three Out Of Four Of Missing Crew Members Found Onboard Maersk Honam​
Monday, 12 Mar 2018 

March 12 (Reuters) - A.P. MOLLER-MAERSK ::SAYS ‍REMAINS OF THREE OUT OF FOUR OF MISSING CREW MEMBERS FOUND ONBOARD MAERSK HONAM.SAYS AT THIS POINT IN TIME OUR THREE COLLEAGUES ARE UNIDENTIFIED.GIVEN THE TIME PASSED AND THE SEVERE FIRE DAMAGES OF THE VESSEL WE MUST CONCLUDE BY NOW THAT WE HAVE LOST ALL FOUR COLLEAGUES WHO HAVE BEEN MISSING SINCE THE FIRE ONBOARD MAERSK HONAM WHICH BEGAN ON 6 MARCH​.  Full Article

France's Total says closes Maersk Oil acquisition
Thursday, 8 Mar 2018 

March 8 (Reuters) - Total Sa ::TOTAL CLOSES THE MAERSK OIL ACQUISITION AND BECOMES THE SECOND-LARGEST OPERATOR IN THE NORTH SEA..TOTAL SAYS UNDER THE AGREED TERMS, A.P. MOLLER-MAERSK <<>> WILL RECEIVE A CONSIDERATION OF $4.95 BILLION IN TOTAL SHARES, AROUND 97.5 MILLION SHARES BASED ON AVERAGE SHARE PRICE OF THE 20 BUSINESS DAYS PRIOR THE SIGNING DATE OF 21ST AUGUST 2017..TOTAL WILL ALSO ASSUME $2.5 BILLION OF MAERSK OIL’S DEBT..TOTAL SAYS DEAL IT BRINGS AROUND 1 BILLION BARRELS OF OIL EQUIVALENT OF 2P/2C RESERVES AND RESOURCES, AND PRODUCTION OF ABOUT 160,000 BARRELS OF OIL EQUIVALENT PER DAY (BOE/D) IN 2018, RAMPING UP TO MORE THAN 200,000 BOE/D BY THE EARLY 2020S..  Full Article

Maersk Says Sale Oil, Gas Business To Total Completed
Thursday, 8 Mar 2018 

March 8 (Reuters) - A.P. MOLLER-MAERSK SAYS::SALE OF MAERSK OIL COMPLETED.ALL REGULATORY APPROVALS HAVE BEEN OBTAINED AND THE SALE WAS COMPLETED TODAY.SHARES IN MAERSK OIL HAVE BEEN TRANSFERRED TO TOTAL <<>> AND AS CONSIDERATION MAERSK HAS RECEIVED 97.5 MILL SHARES IN TOTAL S.A..IN ADDITION TO THE SHARES, TOTAL S.A. HAS ASSUMED A SHORT-TERM DEBT OF USD 2.5BN VIA DEBT PUSH DOWN FROM MAERSK INTO MAERSK OIL.THE SHORT-TERM DEBT WILL BE REPAID TO MAERSK SHORTLY AFTER CLOSING AND THE PROCEEDS WILL AFTER CUSTOMARY CLOSING ADJUSTMENTS BE USED BY MAERSK TO REDUCE DEBT.AS PART OF THE TRANSACTION TOTAL S.A. WILL TAKE OVER ALL DECOMMISSIONING LIABILITIES.  Full Article

Maersk Line Says One Evacuated Crew Member Has Died
Thursday, 8 Mar 2018 

March 7 (Reuters) - Maersk Line::MAERSK LINE SAYS ONE OF EVACUATED COLLEAGUES, THAI NATIONAL MALE COLLEAGUE, HAS PASSED AWAY.MAERSK LINE SAYS 22 CREW MEMBERS ARE ENROUTE TO SRI LANKA ON BOARD VESSEL ALS CERES, FOUR CREW MEMBERS REMAIN MISSING, ONE IS REPORTED DEAD.  Full Article

Maersk Line says liner vessel Honam reported a serious fire in one of its cargo holds​
Wednesday, 7 Mar 2018 

March 6 (Reuters) - Maersk Line : :MAERSK LINE - ‍TUESDAY AFTERNOON, MAERSK HONAM REPORTED A SERIOUS FIRE IN ONE OF ITS CARGO HOLDS​.MAERSK LINE - 23 CREW MEMBERS SUCCESSFULLY EVACUATED AND SEARCH AND RESCUE OPERATIONS ARE ONGOING FOR 4 CREW MEMBERS CURRENTLY REPORTED MISSING​.MAERSK LINE- ‍ON TUESDAY 6 MARCH 2018 AT 15:20 GMT, MAERSK LINER VESSEL MAERSK HONAM REPORTED A SERIOUS FIRE IN A CARGO HOLD​.MAERSK LINE- THE FIRE ONBOARD MAERSK HONAM CONTINUES AND SITUATION OF VESSEL IS "VERY CRITICAL"​.MAERSK LINE- ‍CAUSE OF FIRE IS CURRENTLY UNKNOWN; MAERSK LINE WILL INVESTIGATE MATTER THOROUGHLY IN COOPERATION WITH ALL RELEVANT AUTHORITIES​.  Full Article

Maersk Receives Regulatory Approval For Sale of Oil Unit to Total​
Friday, 2 Mar 2018 

March 2 (Reuters) - A.P. Moller-Maersk ::‍SAYS THE DANISH ENERGY AGENCY HAS APPROVED SALE OF MÆRSK OLIE & GAS TO TOTAL <<>>.MAERSK SAYS THE APPROVAL CONTAINS THE CONDITION THAT IT ASSUMES A SECONDARY LIABILITY FOR THE DECOMMISSIONING OF EXISTING DANISH OFFSHORE FACILITIES CORRESPONDING TO MAERSK OIL'S 31.2 PERCENT INTEREST IN THE DANISH UNDERGROUND CONSORTIUM, SHOULD TOTAL BE UNABLE TO COVER SUCH COSTS.  Full Article

Maersk Says Container Freight Rates So Far Outpace Oil Price Increases In Contract Renewals
Friday, 9 Feb 2018 

Feb 9 (Reuters) - A.P. Moller-Maersk MAERSKB.CO::SAYS CONTAINER FREIGHT RATES IN CONTRACT RENEWALS HAVE SO FAR OUTPACED INCREASES IN OIL PRICE.  Full Article

Maersk Expects Global Container Demand To Increase 3-4 Pct In 2018
Friday, 9 Feb 2018 

Feb 9 (Reuters) - AP MOELLER - MAERSK A/S ::A.P. MOLLER-MAERSK CEO SAYS SEES GLOBAL DEMAND FOR SEABORNE CONTAINER TRANSPORTATION TO INCREASE 3-4 PERCENT IN 2018 COMPARED TO AROUND 5 PERCENT IN 2017.A.P. MOLLER-MAERSK CEO SAYS Q4 2017 FREIGHT RATES WERE 7 PERCENT HIGHER THAN IN Q4 2016.A.P. MOLLER-MAERSK CEO SAYS IS STILL VERY OPTIMISTIC ABOUT THE FUNDAMENTALS OF THE CONTAINER SHIPPING INDUSTRY.A.P. MOLLER-MAERSK CEO SAYS WE CAN'T BE SATISFIED WITH 2017 RESULT; WE DON'T MAKE ENOUGH MONEY AND WE NEED TO DO BETTER.A.P. MOLLER-MAERSK CEO SAYS EXPECTS MORE CONSOLIDATION IN THE INDUSTRY.  Full Article