Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 07, 2015 8:01 AM ET

Marine

Company Overview of Maersk, Inc.

Company Overview

Maersk, Inc. provides container shipping services. It offers dry cargo services; reefer cargo, a refrigerated shipping containers used for transporting cargo requiring temperature-controlled conditions, such as vegetables, fruit, fish, protein, and other commodities; and special cargo services that are used for transporting heavy machinery, steel coils, engines, yachts, trucks, sculptures, and other oversized items. The company also provides customer advisories, inland and intermodal container transport, and customer charter services. It serves customers in Africa, Europe, the Middle East, Oceania, Asia, Far East, South America, Atlantic, and Central America. The company was founded in 1943 ...

2 Giralda Farms Madison Avenue

P.O. Box 880

Madison, NJ 07940-0880

United States

Founded in 1943

Phone:

973-514-5000

Fax:

973-514-5410

Key Executives for Maersk, Inc.

Chief Executive Officer and Member of Management Board
Age: 51
Chief Finance Officer
Chief Operating Officer
Chief Executive Officer of Maersk Group
Age: 57
Compensation as of Fiscal Year 2015.

Maersk, Inc. Key Developments

Maersk Line Reports Earnings Results for the Full Year of 2014

Maersk Line reported earnings results for the full year of 2014. For the year, the company posted a 53% increase in year-on-year operating profit to $2.34 billion, attributing much growth to a 5.4% decrease in costs due to efficiencies and low oil.

Maersk Line Reports Earnings Results for the Year Ended December 31, 2014

Maersk Line reported earnings results for the year ended December 31, 2014. For the year, the company reported profit from continuing operations of USD 2,341 million against USD 1,510 a year ago. Underlying profit was USD 2,199 million against USD 1,463 million a year ago. Cash flow from operating activities increased by USD 387 million USD 4.12 billion compared to 2013. Cash flow used for capital expenditure increased by USD 367 million to a total of USD 2.0 billion primarily related to the Triple-E new buildings and containers, leaving a cash flow of USD 2.1 billion on par with 2013. The company reported total revenue of USD 27,361 million against USD 26,196 million a year ago. Profit before depreciation, amortization and impairment losses, etc. was USD 4,212 million against USD 3,313 million a year ago. EBIT was USD 2,504 million against USD 1,571 million a year ago.

Maersk, Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Revised Earnings Guidance for the Full Year of 2014

Maersk, Inc. announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of $6,902 million compared with $6,651 million for the same period a year ago. EBITDA was $1,024 million compared with $920 million for the same period a year ago. EBIT was $567 million compared with $467 million for the same period a year ago. Net operating profit was $547 million compared with $439 million for the same period a year ago. Cash flow from operating activities was $870 million compared with $790 million for the same period a year ago. Cash flow used for capital expenditure was $488 million compared with $311 million for the same period a year ago. For the six months, the company reported revenues of $13,365 million compared with $12,964 million for the same period a year ago. EBITDA was $1,886 million compared with $1,551 million for the same period a year ago. EBIT was $1,070 million compared with $662 million for the same period a year ago. Net operating profit was $1,001 million compared with $643 million for the same period a year ago. Cash flow from operating activities was $1,583 million compared with $1,552 million for the same period a year ago. Cash flow used for capital expenditure was $856 million compared with $790 million for the same period a year ago. The company revised earnings guidance for the full year of 2014. Maersk Line revised its expected result from being above 2013 (USD 1.5 billion) to being significantly above the 2013 result following a strong financial performance in the first half of 2014. The global demand is still ex-pected to grow by 4-5%.

Similar Private Companies By Industry

Company Name Region
Gemini Tankers LLC United States
NYK Group Americas Inc. United States
OOCL (USA) Inc. United States
Timberline Office Supply, Inc. United States
Seaward Services, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Maersk, Inc., please visit www.maerskline.com/en-us. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.