Maersk Oil and Maersk Tankers, part of the Danish A.P. Moller – Maersk Group, have entered into co-operation Finnish utilities Fortum and Teollisuuden Voima (TVO) aiming to develop a joint carbon emissions abatement project in the area of Carbon Capture…

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• Carbon Capture and Storage Project

    Fortum, TVO and Maersk join forces to develop ground-breaking Carbon Capture and Storage project Finnish utilities Fortum and Teollisuuden Voima (TVO) have entered into co-operation with Maersk Oil and Maersk Tankers, part of the Danish A.P. Moller – Maersk Group, aiming to develop a joint carbon emissions abatement project in

• AP Moller Maersk announces management changes

    Trond Westlie will take up the position as Group CFO of A.P. Møller – Mærsk A/S on 1 January 2010. He will become a member of the Executive Board of the A.P. Moller – Maersk Group. Trond Westlie, 48, comes from a position as Executive Vice President and CFO of Telenor

• IMO will start carbon tax to promote more environmentally friendly shipping

    The International Maritime Organisation (IMO) is working on introducing carbon regulation for the shipping industry and efforts are on to introduce carbon tax to encourage energy-efficient ships, a senior industry official has said. Jacob Sterling, General Manager for Sustainability at Maersk Line, the world’s biggest freight shipping firm, yesterday said

• Maersk reflags supertankers to France

    A. P. Moller – Maersk has decided to reflagg its 307.000 DWT supertanker Maersk Newton to French flag.

• AP Moller – Maersk Group sells to Norfolkline, DFDS

    The A.P. Moller â?? Maersk Group and DFDS have recently agreed that DFDS will acquire 100 percent of the shares in ferry and logistics company Norfolkline. Read at A. P

• Making History: Hummer transported by sea

    On 18 June 2009, Maersk Line and technology partner Aqualife made seafood history with world’s first delivery of live lobsters transported by sea from Canada to Copenhagen – an achievement that can bring down costs and reduce the environmental impact of lobster transport around the world. For the world’s seafood

• Science a step closer to vessels of biofuels

    Slowly but surely, science seems to be advancing toward a production of biofuel that does not take away agricultural land from the world’s food supply. When this kind of fuel is ready, so is A.P.

• Maersk Group sells to Norfolkline, DFDS

     The A.P. Moller – Maersk Group and DFDS have today agreed that DFDS will acquire 100 percent of the shares in ferry and logistics company Norfolkline. The total value of the deal is approximately EUR 346 million (DKK 2,575 million), which includes the A.P.

• DNV is clean energy unit in London

    In order to support the UK’s renewable energy and carbon abatement industries, such as wind, wave, tidal and CCS, DNV is strengthening its presence in London. “A new unit will accommodate at least 25 specialists within a year,” says Remi Eriksen, DNV Energy’s Chief Operating Officer. Det Norske Veritas (DNV)

• Rio Tinto to concentrate investments in carbon capture and storage project, California

    Rio Tinto said Friday that it will be focussing the majority of its investment in carbon capture and storage (CCS) technology on the Hydrogen Energy California (HECA) project, a proposed new hydrogen-powered electricity facility that will capture and store most of its carbon related emissions to produce clean electricity. Preston

• SHB provides Maersk container ops back to black 2010

    Svenska Handelsbanken (SHB) analyst Dan Togo Jensen maintained the “buy” stance on the stock in Danish oil and shipping group A P Moller – Maersk A/S (CPH: MAERSK B) in a recent analysis, expecting the container business of the group to post profit in 2010. “We expect that the company’s

• Maersk Vietnam sponsored school in remote area of the province of Binh Thuan

     Maersk Vietnam, in coordination with Youth Social Works Center in Ho Chi Minh City, has ponsored a project for full renovation of Ham Hiep 1 Primary School, Suoi Dau Branch, which was presented on the national school opening day, 5-Sept-2009. The renovation consists of 3 big classrooms with new rooftop, lighting,

• Maersk Oil development provides opportunities in the North Sea can be found for new

    The gas and condensate discovery, made by Maersk Oil, in wildcat Luke-1X in the North Sea opens perspectives in relation to the nearby Elly find, the head of Maersk Oil Exploration, Lars Nydahl Jorgensen, was quoted as saying on Wednesday by Danish news wire RB-Borsen. “The discovery in itself is

• Anchor lines to carbon emissions

    State-owned Shipping Corp, AP Moller Maersk, the world’s largest container line, and Bharati Shipyard are accelerating their moves to cut carbon emissions even as acrimony stalls a global climate deal, which may not be forever, industry officials said. Bharati, the nation’s second-largest private shipbuilder, is developing the world’s first liquefied

• Chinese steel producers to emphasize reduction of emissions

    To meet the country’s emission reduction standards, some companies with a high production output and high energy consumption are investing in emissions reduction.