Oil Price Today (May 5): Crude oil falls but holds above $110 as Iran war tensions persist. What are experts saying?Oil prices dipped Tuesday after a significant surge, as the U.S. Navy initiated operations to reopen the Strait of Hormuz. A U.S.-flagged v...
05 May, 2026, 07.34 AM IST
Gold steady as investors weigh Middle East risks, stalled US–Iran peace talksGold prices remained largely steady as escalating Middle East tensions and stalled U.S.-Iran peace talks kept investors on edge. Despite re...
05 May, 2026, 07.20 AM IST
Maersk asks customers to remove cargo before potential strike at US portsThe International Longshoremen's Association (ILA), a union with more than 45,000 members, and the United States Maritime Alliance (USMX) i...
01 Jan, 2025, 10.44 AM IST
DSV, CVC seen as lead contenders for Schenker after Maersk dropsDSV and CVC emerge as top contenders for DB Schenker after Maersk exits. The potential deal could reshape Euro logistics, with Deutsche Bah...
02 Jul, 2024, 09.58 AM IST
Maersk, Hapag-Lloyd team up in shakeup of ship alliancesThe announcement from Copenhagen-based Maersk and Hapag-Lloyd of Hamburg, Germany, marks another retooling of the world’s three major shipp...
22 Jan, 2024, 10.09 AM IST
ET exclusive: Shipping giant Maersk decides to resume Red Sea voyages“As of Sunday 24 December 2023, we have received confirmation that the previously announced multi-national security initiative Operation Pr...
24 Dec, 2023, 10.16 PM IST
Shipping firms suspend Red Sea traffic after Yemen rebel strikesTwo major shipping firms, Maersk and Hapag-Lloyd, suspend Red Sea passage due to Yemeni rebel attacks. Huthis target ships to pressure Isra...
16 Dec, 2023, 07.22 AM IST
Container shipping’s fat cats require a crash dietThe main problem appears to be supply and not demand. Danish shipping giant Maersk expects global container volume to decline this year.
06 Nov, 2023, 09.28 AM IST
Maersk sells last major energy asset as it focuses on logisticsMaersk has been close to selling the Maersk Supply Service before. In 2018 it expected to complete a divestment, citing valuation estimates...
21 Mar, 2023, 09.58 AM IST
Maersk sues Evergreen over 2021 blocking of Suez CanalThe Copenhagen-based shipping company said the claim is related to losses suffered during the canal’s blockage.
14 Feb, 2023, 09.57 AM IST
Maersk to double its warehousing presence in India in next one yearMaersk has been looking to enhance its presence as a 360-degree logistics player. To that end, it recently acquired Hong Kong-based LF Logi...
16 Nov, 2022, 01.34 PM IST
There’s an inflation sting in Maersk’s global demand warningThe outlook from Maersk, which moves millions of containers around the world every year, is a fresh warning for central banks that their in...
04 Nov, 2022, 09.14 AM IST
Maersk to slow pace of ships to save fuel as demand loses steamAs one of the world's biggest shipping companies, Maersk benefited from soaring freight rates following a surge in consumer demand during t...
30 Sep, 2022, 09.13 AM IST
Maersk overtaken as world’s no.1 shipping line by MSCAfter struggling to make money for much of the past decade, the container shipping industry just had its most profitable year ever as pande...
06 Jan, 2022, 09.12 AM IST
Shipping, container firms show first signs of recovery in exportsThe exports data reported by government are in dollar terms and are catching up, after contracting for all but one month since December 201...
18 Oct, 2016, 12.39 PM IST
BRICS trade with world grows 5.8%, India leading: Maersk"BRICS export-import (exim) containerised trade with the world registered a growth of 5.8 per cent in the first half of 2016 as against de-...
13 Oct, 2016, 09.39 PM IST
- US sea captain freed in swift firefight
An American ship captain was freed unharmed on Sunday in a swift firefight that killed three of the four Somali pirates who had been holdin...
13 Apr, 2009, 01.00 AM IST