Steady market growth for Damco in Q1

Damco continues its growth trajectory in the first quarter of 2012, reporting an 8% increase in both net revenue and gross profit. Copenhagen, 22 May 2012 – Damco, the global logistics business unit of the A.P. Moller–Maersk Group, increased its net revenue by USD 53m to USD 738m compared to Q1 of 2011. Gross profit also rose 8% against the same […]

Maersk: INTERIM REPORT 1st Quarter 2012

“Although most of our businesses deliver good results and the Group’s net result is on a par with last year, we are not satisfied with the Group’s operational performance for the first quarter. Earnings in shipping were weak due to the continued loss-making rates in the container and tanker markets. However, our efforts to increase container rates are paying off […]

New CEO of Eastern Europe in Damco

Damco’s Europe operations have been split into two separate regions and the former Global CFO takes leadership responsibility in the eastern region. Copenhagen, 24 April 2012 – To enable the right focus on different market priorities, Damco has divided its Europe operations in two regions, East and West Europe. The decision is made in order to deliver growth, profitability and […]

Damco Elect Bottle to Raise Its Profile

Damco, one of the world’s leading third party logistics providers, has appointed BOTTLE to handle its Toy Trade PR brief for 2012. BOTTLE has specifically been tasked with positioning Damco as the preferred provider of logistics within the toy industry. BOTTLE kicked off the partnership with an experiential campaign during London Toy Fair. Toy manufacturers, distributors and retailers were sent […]

Dynamic supply chain solution presented by Damco

Increasing flexibility, responding quicker to changes and reducing manual work has been in focus for supply chain professionals for a long time. Damco now presents Damco Dynamic Flow Control™, which turns today’s static supply chains into dynamic ones while saving double digit percentages on cost. Copenhagen, March 27, 2012 – Today Damco launches a simple and innovative solution to meet […]

Damco: Shipment transparency assured for Syngenta

End-to-end visibility of global shipments and the need for a long term relationship were key criteria when agribusiness Syngenta chose Damco as their new supply chain solution provider. Singapore, March 14, 2012 – Damco, a global leader in supply chain solutions and freight forwarding, signed a three-year contract to serve as the Asia Pacific lead logistics service provider for Syngenta, […]

Maternal and child health care to remote area of Namibia brought by Damco and Containers 2 Clinics

USA, February 08, 2012 – Two re-purposed shipping containers left the Port of Charleston, South Carolina today onboard the Safmarine vessel, Maersk Visby, bound for the Port of Walvis Bay, Namibia. Once unloaded, they will be trucked to an informal settlement area called the “DRC” outside Swakopmund limits in the Erongo Region. The two shipping containers then will be placed […]

STATEMENT: Internet fraud using the Damco brand

Presently Damco is experiencing a fraudulent attempt from perpertrators in the internet community, to mirror the Damco website, use Damco imagery and logos and contact customers with false invoices. Emails and website uses the name “Damcolo Container Lines”. Please be advised that “Damcolo Container Lines” is not part of Damco or any of our offices or any other business in […]

Damco Transports Water Drainage Vehicles for Japan Aid to Thailand

Damco, one of the world’s leading third party logistics providers, was nominated by the Japan International Cooperation Agency (JICA) to transport ten drain pump vehicles from Japan to help alleviate the severe flooding in Thailand. Damco shipped the vehicles from Yokohama Port to Laem Chabang Port. They will be used by the Japan Disaster Relief (JDR) Expert Team, which was […]

Damco announces new European CEO

Damco – one of the world’s leading providers of freight forwarding and supply chain management solutions – has appointed Flemming Frost as new CEO for Europe. His major task will be to grow Damco’s market presence. Flemming Frost (49) will from January 1st 2012 assume the role as CEO for Damco’s activities in Europe, replacing Kim Hedegaard Sorensen. “Damco has […]