Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...
The move comes as the shipping industry waits for signs that vessel traffic in the Red Sea will begin to return to normal ...
Friday saw the president reopen the floodgates for millions of duty-free shipments from e-commerce firms like Shein and Temu.
Maersk targets net zero by 2040, but warns climate change and geopolitics are causing supply chain disruptions that demand ...
Maersk has reported robust financial results for 2024, marking growth across all business segments and significantly ...
“While the container ship market remains uncertain due to trade tensions and the potential reopening of the Red Sea, Maersk ...
An American intelligence-gathering aircraft has operated off the coast of Crimea for the first time since the outbreak of the ...
CFO Patrick Jany reported a strong Q4 finish, with an EBITDA of $3.6 billion and EBIT of $2.1 billion. Free cash flow for the quarter reached $2.2 billion, supported by favorable working capital ...
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market in the face of an intensifying trade war. The global container market will expand 4% this year, ...
Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...
Vincent Clerc stressed it would cost “hundreds of millions of dollars” if the ocean carrier brought vessels back to the Suez ...
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