Egypt’s Al-Sisi, Maersk CEO discuss $15bn project to produce green fuel for ships
New project to provide more than 100,000 job opportunities
Latest in Tag: Maersk Highlight
Latest in Tag: Maersk
Maersk, IBM to form global venture applying blockchain to improve global tradeÂ
AP Moller – Maersk and IBM announced their intention to establish a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology, according to a press statement on Monday. The statement said that the aim of the new company will be to offer a jointly developed global trade digitisation …
Total acquires Maersk Oil for $7.45bn in share and debt transaction
Total company announced in a statement that its boards and A.P. Møller-Mærsk boards have approved Total acquisition of 100% of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil), in the form of a debit and share transactions. Both boards agreed that This proposed transaction is subject to the applicable legally …
Suez Canal negotiates with foreign shipping lines to prepay transit fees 3 years in advance
The Suez Canal Authority, in coordination with the Central Bank of Egypt (CBE), started direct negotiations with several international shipping lines, including Maersk, CMA CGM, and MSC, to prepay transit fees three years in advance. The negotiations included France, Switzerland, and Denmark. These negotiations complement the negotiations opened by the authority with the representative offices …
Port of El-Sokhna celebrates new navigation line with Maersk
Maersk announced 450 container ships will cross canal for the occasion of the new navigation line launch
Suez Canal Authority signs settlement agreement with Suez Canal Container Terminal
Agreement provides for General Authority and Suez Canal Economic Zone to take back area of 225,000sqm for benefit of national economy