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Wednesday, April 7, 2010 as of 11:14 AM ET

A.P. Moller-Maersk Group

A.P. Moller – Maersk Group (), also known as Maersk (), is a Danish business conglomerate. A.P. Moller – Maersk Group has activities in a variety of business sectors, primarily within the transportation and energy sectors.

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Maersk Makes Billion Dollar Offer To Run Virginia Port

The port-operating arm of Danish industrial conglomerate A.

P. Moller-Maersk A/S (MAERSK-B.KO), APM Terminals, said Thursday it has made an offer to the state of Virginia to operate the cargo traffic facilities at the U.S. Port of Virginia.In return for the long-term concession, APM Terminals offers to transfer ownership of its facility in the Portsmouth Marine Terminal at the port to the Virginia administration, in a strategic partnership deal that the company estimates to have a total value to the state of between $3 billion and $4 billion.The proposal includes operation of freight facilities at the Port of Virginia, which is comprised by four marine terminals and adjacent inland services, all centered around the ice-free, natural harbor of Hampton Roads."Our proposal provides for the lowest cost, long-term solution for future growth at this time of a stabilizing economy and the eventual expansion of global commerce," said APM Terminals Americas Region President Eric Sisco.Included in...

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  1. RWE Discovers 4-13 Billion Cubic Meters Of Gas In Norwegian Sea

    German utility RWA AG (RWE.XE) said Tuesday it has discovered an estimated 4 billion to 13 billion cubic metres of gas in the Norwegian Sea.MAIN FACTS:-RWE unit RWE ...

  2. DOF Gets 3-Year Contract Extension With Maersk

    DOW JONES NEWSWIRESNorwegian offshore engineering company DOF ASA (DOF.OS) said Monday it has received a three-year contract extension with Maersk Oil North Sea UK L...

  3. Statoil Named Working Operator For Giant North Sea Find

    DOW JONES NEWSWIRESNorwegian oil and gas major Statoil ASA (STO) said Tuesday that the partners of the giant Johan Sverdrup find in the Norwegian North Sea have sign...

  4. Amoudi Puts Swedish Explorer Svenska Up For Sale-Report

    Saudi billionaire investor, Mohammed Hussein al-Amoudi, has put Swedish explorer Svenska Petroleum up for sale in a deal that could raise $2 billion, the Financial T...

  5. Maersk CEO Sick Leave Extended By 6 To 8 Weeks

    DOW JONES NEWSWIRESDanish shipping and oil conglomerate A.P. Moller-Maersk (MAERSK-B.KO) said Monday that Chief Executive Nils S. Andersen's sick leave has been exte...

  6. Maersk Boosts Intra-Asia Shipping Operations For Growth - Report

    Danish shipping and oil company A.P. Moller-Maersk A/S (MAERSK-B.KO) has ramped up its intra-Asia shipping operations significantly to benefit from strong growth in ...

  7. Brazil's OGX Raises Stake In Two Campos Basin Blocks To 70%

    Brazilian driller OGX Petroleo e Gas Participacoes S/A (OGXPY, OGXP3.BR), part of billionaire Eike Batista's industrial empire, said Tuesday that it had purchased a ...

  8. Maersk Drilling Wins $34 Million Offshore Namibia Drilling Contract

    Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Wednesday its oil exploration services unit Maersk Drilling has secured a contract worth $34...

  9. Maersk Awarded Tug Boat Services Deals Worth $285 Million From Petrobras

    Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Tuesday its Maersk Supply Service unit has been awarded three large tug boat services contra...

  10. Chariot Oil & Gas Signs Contract With A.P. Moeller Maersk For Undisclosed Sum

    Chariot Oil & Gas Ltd. (CHAR.LN), an Africa focused independent oil and gas exploration company, said Tuesday its wholly owned subsidiary, Enigma Oil & Gas Ltd., has...

  11. Det Norske Oljeselskap: Devt Deal For Draupne, Luno Fields

    DOW JONES NEWSWIRESNorwegian oil company Det Norske Oljeselskap ASA (DETNOR.OS) said Monday that the Draupne and Luno fields will be jointly developed, in an agreeme...

  12. Maersk Family Member Uggla Appointed As New CEO Of Svitzer

    Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) said Wednesday it has appointed Robert Maersk Uggla as the new head of its tugboat subsidiary Svi...

  1. INTERVIEW: Maersk CEO Optimistic Shipping Will Swing To Profit

    Danish oil and shipping conglomerate A.P. Moller-Maersk A/S is increasingly optimistic that its container-shipping arm Maersk Line can return to profit in 2012, afte...

  2. Maersk Cautiously Upbeat On Freight Rates As Profit Ticks Up

    Danish shipping and oil conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO) Wednesday said it expects shipping rates to continue the recovery since March as its contai...

  3. APM Terminals To Invest $100 Million In Expansion Of Georgian Port

    The port-operating arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), APM Terminals, will invest over $100 million to ramp up capacity in th...

  4. Union Calls For North Sea Helicopter Firm To Ground Fleet

    The U.K.'s main offshore workers' union has called for all helicopters operated by Bond Aviation to be grounded pending an investigation into why an aircraft was for...

  5. Statoil To Drill Barents Sea; Johan Sverdrup To Produce In 2018

    Norwegian oil giant Statoil ASA (STO) said Thursday it is launching an exploration drilling campaign in the Skrugard area of the Barents Sea, and also revealed that ...

  6. Maersk's Chief Executive Returns To Work After Heart Surgery

    Nils Smedegaard Andersen, the chief executive of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), returned to work Monday after more than four mo...

  7. Costamare To Continue Fleet Growth With Newbuilds,Acquisitions-Executive

    Greek shipping company Costamare Inc. (CMRE) will probably continue to grow through new builds and acquisitions and it remains optimistic about the global containers...

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