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Hapag-Lloyd's Gemini Cooperation with Maersk is set to improve efficiency, reduce costs, and enhance schedule reliability, ...
Global shipping giant Maersk will restart operations in the Red Sea after diverting its container lines elsewhere following attacks by Yemen’s Houthi rebels. CNN values your feedback 1.
Maersk has suspended shipping through the Red Sea and Suez Canal — one of the world’s most important maritime trade routes — “until further notice” as it continues to review security ...
Maersk has imposed a 48-hour delay on its vessels moving through the Red Sea, following an attack on one of its merchant ships by Iranian-backed Houthi fighters based in Yemen.
The Red Sea hasn’t been the only problem area for Maersk. The company said that its Mayview Maersk container ship lost at least 40 containers that fell overboard during a storm in the North Sea.
A shipping advisory that Maersk released on Wednesday showed that several of its vessels were headed for the Suez Canal, which lies at the northern end of the Red Sea and handles about 12 percent ...
Shipping behemoth Maersk does not expect the Red Sea crisis to subside in the near future, and is warning customers to expect ship diversions into the second half of the year.
Timing of a Red Sea return will be the top determinant in the company's 2025 profit. Maersk's projections for underlying earnings before interest and taxes (EBIT) range between $0 and $3 billion.
We are raising our fair value estimate to DKK 13,700 from DKK 12,700 per share after adjusting our short-term freight price and ocean margin expectations as a result of the situation in the Red Sea.
STOCKHOLM (Reuters) - Denmark's A.P. Moller-Maersk said on Wednesday that disruption to its container shipping via the Red Sea had extended beyond trade routes between the Far East and Europe to ...
A.P. Moeller-Maersk hiked its dividend after posting a better-than-expected fourth-quarter swing to profit, with results boosted by higher shipping rates due to Red Sea trade disruption. The ...
A.P. Moeller-Maersk raised its full-year guidance for the third time in as many months as disruptions in the Red Sea and strong container shipping demand continue.