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Maersk CEO sees passing higher oil shock costs to customersA.P. Moller-Maersk CEO Vincent Clerc stated the Iran war is increasing costs by $500 million monthly. These expenses will be passed to cust...- Spain, Portugal power outage caused by 'rare' atmospheric phenomenon, Madrid matches suspended: 10 pointsA nationwide power outage hit Spain and Portugal on Monday, leaving millions without electricity. The power outage has bought the countries...
- Maersk sees improved prospects for global container tradeThe world’s supply lines are suffering from a number of disruptions, with the biggest coming from Houthi militant attacks in the Red Sea, w...
- Record shipping costs add to auto industry’s supply chain woesThe likes of Ford Motor Co. and General Motors Co. already painted a gloomy outlook in recent months, driven primarily by semi-conductor sh...
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