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A.P. Møller-Maersk Group
(), usually known simply as Maersk ( ), is a Danish Freight transport, shipping and logistics company founded in 1904 by Arnold Peter Møller and his father Peter Mærsk Møller. Maersk's business activities include Port operator, port operation, supply chain management, Distribution center, warehousing and Air cargo, air freight. The company is based in Copenhagen, Denmark, with subsidiaries and offices across 130 countries and over 100,000 employees worldwide in 2024. It is a publicly traded family business, as the company is controlled by the namesake Møller family through Holding company, holding companies. The company's 2024 annual revenue was US$55.5 billion. Maersk has faced several challenges, including the 2022 stock market decline, global economic downturn, a Petya and NotPetya, malware attack, and the Red Sea crisis. History was founded in Svendborg in April 1904 by captain Peter Mærsk Møller (1836–1927) and his son Arnold Peter Møller, Arnold Peter (A. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aktieselskab
(; abbr.: A/S or a/s, ; ) is the Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. If an A/S is owned by a holding company (typically another A/S or ApS), the profit from the production company can be transferred to the holding company and the two will be taxed as if they were one entity (''sambeskatning''; joint taxation). Both an ''aktieselskab'' (A/S) and an ''anpartselskab'' (ApS) are by definition, limited liability companies; the main difference being that only the A/S issues stock. In case of bankruptcy, creditors are not able to pursue claims towards investors who have not personally provided security. Professional credit lenders such as banks will consequently demand security for credit lend to the A/S or ApS since securitized debt are given legal preference compared to unsecured debts. In case of bankruptcy, if ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distribution Center
A distribution center for a set of products is a warehouse or other specialized building, often with refrigeration or air conditioning, which is stocked with products (goods) to be redistributed to retailers, to wholesalers, or directly to consumers. A distribution center is a principal part, the order processing element, of the entire order fulfillment process. Distribution centers are usually thought of as being demand driven. A distribution center can also be called a warehouse, a DC, a fulfillment center, a cross-dock facility, a bulk break center, and a package handling center. The name by which the distribution center is known is commonly based on the purpose of the operation. For example, a "retail distribution center" normally distributes goods to retail stores, an "order fulfillment center" commonly distributes goods directly to consumers, and a cross-dock facility stores little or no product but distributes goods to other destinations. Distribution centers are the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maersk Drilling
Maersk Drilling, also known as The Drilling Company of 1972 A/S, was the drilling-rig operator of Maersk. It was based in Lyngby, Denmark. Established in 1972, the company was a Nasdaq Copenhagen–listed company with the ticket name 'DRLCO'. In November 2021, it was announced that Maersk Drilling would merge with Noble Corporation Noble Corporation plc is an offshore drilling contractor organized in London, England. Its affiliate, Noble Corporation, is organized in the Cayman Islands. It is the corporate successor of Noble Drilling Corporation. The company operates 24 dr ... and that the combined company would be called Noble Corporation, with a valuation of £2.6 billion. The merger was completed on October 3, 2022. Fleet References {{Authority control Drilling rig operators Service companies of Denmark Service companies based in Copenhagen Danish companies established in 1972 Maersk ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odense Steel Shipyard
Odense Steel Shipyard () was a Danish shipyard company located in Odense. It was best known for building container ships for its parent group, Maersk, A.P. Moller – Maersk Group, including the Mærsk E-class container ship, Mærsk E class in 2006 which at the time were the biggest container ships in the world. The 2008 financial crisis led to Maersk announcing its closure in 2009 and the last new ship was delivered in January 2012. Company history The first yard was opened in 1918–1919 by the A.P. Møller company. A new yard with bigger and better facilities was constructed 1957–1959 on a new site located in Munkebo a few kilometres outside Odense proper. Odense Steel Shipyard was the largest yard within the Odense Steel Shipyard Group, which also consisted of two yards and an engineering company, all situated in the Baltic. The yard was known for designing and building innovative vessels that applied the newest technology in design and equipment. Since 1996 the Yard buil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jess Søderberg
Jess Søderberg (born 12 October 1944, in Copenhagen) is a Danish businessman. He served as the CEO of A.P. Moller-Maersk for 14 years from 1993 to 2007. After his departure from A.P. Moller-Maersk, he was Vice President of Carlsberg. He graduated from Holte School in 1963 and later graduated with his MSc from Copenhagen Business School Copenhagen Business School (Danish'': Handelshøjskolen i København'') often abbreviated and referred to as CBS (also in Danish), is a public university situated in Copenhagen, Denmark and is considered one of the most prestigious business scho .... He is a Knight 1st Class of the Order of Dannebrog. References *Jens Chr. Hansen & Søren Domino, Søderberg – Mand af Mærsk, Gyldendal, 2006. . *Thomas Larsen og Finn Mortensen, Mærsk Mc-Kinney Møller, Gyldendal Business, 2008 Living people 1944 births Danish business executives Copenhagen Business School alumni Knights First Class of the Order of the Dannebrog {{Denmark-b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mærsk Mc-Kinney Møller
Arnold Mærsk Mc-Kinney Møller (; 13 July 1913 – 16 April 2012) was a Danish shipping magnate. He was a longtime figure at A.P. Moller–Maersk Group, which was founded by his father. Personal life Mærsk Mc-Kinney Møller was born in Hellerup, the son of a Danish father, Arnold Peter Møller, founder of the A.P. Moller–Maersk Group and an American mother of Irish and German descent, Chastine Estelle Roberta (née McKinney) Møller. Mærsk married his high-school sweetheart, Emma Neergaard Rasmussen in 1940 and remained married to her until her death in 2005. They had three daughters: Leise (born 1941), Kirsten, Mrs Olufsen (born 1944), and Ane, Mrs Uggla (born 1948). He ranked 557th-wealthiest person in the world (2007) on the Forbes list with an estimated fortune of 142 billion Danish kroner, which made him the wealthiest person in Denmark until his death. Business activities Møller became a partner in the A.P. Moller–Maersk Group in 1940. When Denmark was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steamship
A steamship, often referred to as a steamer, is a type of steam-powered vessel, typically ocean-faring and seaworthy, that is propelled by one or more steam engines that typically move (turn) propellers or paddlewheels. The first steamships came into practical usage during the early 19th century; however, there were exceptions that came before. Steamships usually use the prefix designations of "PS" for ''paddle steamer'' or "SS" for ''screw steamer'' (using a propeller or screw). As paddle steamers became less common, "SS" is incorrectly assumed by many to stand for "steamship". Ships powered by internal combustion engines use a prefix such as "MV" for ''motor vessel'', so it is not correct to use "SS" for most modern vessels. As steamships were less dependent on wind patterns, new trade routes opened up. The steamship has been described as a "major driver of the first wave of trade globalization (1870–1913)" and contributor to "an increase in international trade that was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Sea Crisis
{{Infobox military conflict , conflict = Red Sea crisis , width = , partof = the Iran–Israel proxy conflict, the Middle Eastern crisis (2023–present), and the Yemeni civil war (2014–present) , image = 2023 Israel–Hamas war - Bab-el-Mandeb.svg , caption = {{nowrap, Map of Houthi activity near the Yemeni coast:{{nowrap, {{Color box, #baf6ba Houthi-controlled Yemen (Supreme Political Council, SPC){{nowrap, {{Color box, #f5b9b9 Government of Yemen (Presidential Leadership Council, PLC){{nowrap, {{Color box, #ff0000{{Color box, #0000ff Houthi attacks (red) and hijackings (blue) , date = 19 October 2023 – present({{Age in years, months, weeks and days , 2023, 10, 19) , place = Red Sea, Gulf of Aden (esp. Bab-el-Mandeb), Arabian Sea, Mediterranean Sea,{{efn, The Houthis have claimed several attacks on ships in the Mediterranean, though none have been confirmed. Israel, Saudi Arabia, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petya And NotPetya
Petya is a family of encrypting malware that was first discovered in 2016. The malware targets Microsoft Windows–based systems, infecting the master boot record to execute a payload that encrypts a hard drive's file system table and prevents Windows from booting. It subsequently demands that the users make a payment in Bitcoin in order to regain access to the system. Variants of Petya were first seen in March 2016, which propagated via infected e-mail attachments. In June 2017, a new variant of Petya was used for a global cyberattack, primarily targeting Ukraine. The new variant propagates via the EternalBlue exploit, which is generally believed to have been developed by the U.S. National Security Agency (NSA), and was used earlier in the year by the WannaCry ransomware. Kaspersky Lab referred to this new version as ''NotPetya'' to distinguish it from the 2016 variants, due to these differences in operation. It looked like ransomware, but without functioning recovery featu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2022 Stock Market Decline
The 2022 stock market decline was a bear market that included the decline of several stock market indices worldwide between January and October 2022. The decline was due to the highest inflation readings as part of the 2021-2023 inflation surge and the resulting increases in interest rates, combined with the worst year for the bond market since 1994 with fears of a global recession due to a decline in economic indicators and an inverted yield curve, exacerbated by supply chain disruptions due to the 2022 Russian invasion of Ukraine and uncertainty over the long-term effects of the COVID-19 pandemic on the economy. In 2021, many central banks undertook a zero interest rate policy, assuming the rise in inflation to be "temporary" or "transitory". In 2022, when inflation readings were much higher and stickier than originally expected, central banks rapidly tightened policy and reduced market liquidity. The Federal Reserve raised interest rates 11 times starting in March 2022, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Billion
Billion is a word for a large number, and it has two distinct definitions: * 1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is now the most common sense of the word in all varieties of English; it has long been established in American English and has since become common in Britain and other English-speaking countries as well. * 1,000,000,000,000, i.e. one million million, or (ten to the twelfth power), as defined on the long scale. This number is the historical sense of the word and remains the established sense of the word in other European languages. Though displaced by the short scale definition relatively early in US English, it remained the most common sense of the word in Britain until the 1950s and still remains in occasional use there. American English adopted the short scale definition from the French (it enjoyed usage in France at the time, alongside the long-scale definition). The United Kingdom used the lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
