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MAERSK CONTAINER LINES
Maersk boosts outlook on stronger-than-expected container demandGlobal shipping giant Maersk expects the container market to remain strong throughout 2024, with container volumes now projected to grow by...- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- US-Iran ceasefire: Uneasy calm after West Asia truce breachThe violence erupted after US President Donald Trump announced "Project Freedom," which he described as a humanitarian effort to guide neut...
- World’s largest container carrier plans route avoiding HormuzThe world’s largest container shipping company, MSC Mediterranean Shipping Company, is launching a new Europe–Middle East service that avoi...
- The stunning way China is using America's own playbook to hit the US where it hurts most, and Washington has no idea how to respondChina Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...
- MatchLog partners with Maersk for landside equipment optimisation in IndiaMumbai-based MatchLog Solutions is aiming to create a sustainable ecosystem in the shipping industry through its container reuse platform.
- Maersk raises guidance again as Red Sea attacks boost ratesMaersk had already raised its 2024 profit forecast in May, June and August, as the Red Sea conflict was having a larger than previously exp...
- 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...
- Major shipping line seeks supply chain overhaul as chaos roils global tradeGlobal trade has been buffeted by major disruptions in recent years, as the pandemic and the war in Ukraine brought chaos to shipping route...
- Maersk, MSC to end shipping alliance as strategies divergeIn recent years, both Maersk and MSC have pursued growth in land-based transport and air freight where profit margins for end-to-end servic...
- Maersk raises guidance citing exceptionally strong demandThe company, which transports almost a fifth of the world’s containers, said it now sees global market demand growing 5-7% this year, compa...
- Shipping giant Maersk to start using Ganga waterway from TuesdayEarlier firms like PepsiCo, Emami Agrotech, IFFCO Fertilizers, Dabur India, had moved their containers on river Ganga.
- Maersk Honam fire: Remains of missing 3 found onboardThe fire-fighting efforts on board Maersk Honam are progressing. Specialized firefighting vessels remain engaged, with salvage operations l...
- Maersk Line India aims to expand supply chain solutionsA bigger role for Maersk in the supply chain would mean the company’s involvement in the road and railways legs of shipments for importers,...
- Maersk says no issue funding Greek operations, paid staff early"We are not facing issues funding local operations. Maersk Line continues to receive incoming payments via bank transfers and cash at count...
- Gujarat Pipavav Port's expansion plans to make it a major container hub; stock likely to riseGujarat Pipavav Port had a revenue growth of 33% and net profit growth of 142% during the fourth quarter of 2011.
- Container lines like Maersk steam slower to restore profitContainer ships can't go any slower. Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit.
- Maersk Line to Merge Safmarine Operations in hope to reduce costsThe Safmarine brand name will stay, and more than 1,000 personnel in sales and marketing positions around the world will be able to keep th...
- 20 Americans aboard seized vessel off Somalia: MaerskA US-flagged vessel belonging to the US subsidiary of Danish shipowner Maersk was seized by pirates off the coast of Somalia on Wednesday w...
- Soomar to head Maersk Line in India, Sri LankaRizwan Soomar has taken over as managing director - India & Sri Lanka for Maersk Line, the container shipping arm of the Denmark based A P ...
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