Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels Danish…
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The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels Danish…
Offshore, marine and energy specialist Seatrium has reached an agreement with buyer Maersk Offshore Wind’s affiliate Phoenix II, for the…
The shipping company says it has no plans to fully reopen the route but may gradually resume sailing via Suez and the Red Sea Danish…
Shippers have been routing their vessels around Africa, adding thousands of miles and costs to voyages AP MOLLER-MAERSK said that the…
Shipping group AP Moller-Maersk on Thursday (Nov 6) reported third-quarter operating profit above expectations and raised the lower end of…
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as…
Container shipping company Maersk said on Friday (Jun 20) it had temporarily paused vessel calls at Israel’s Haifa port, amid the…
Maersk sees global container volume market in the range of 1% decline to growth of 4% this year Danish container giant AP Moller-Maersk…
The Danish company, viewed as a barometer of world trade, said it expects an underlying Ebitda result of between US$6 billion and US$9…
MAERSK on Thursday (Feb 6) said it expects to grow its business to track an expected 4 per cent growth in global container shipping this…
As a major container shipping company announces its larger vessels will stop using the Port of Felixstowe, what impact will that have?…