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MAERSK WARNS
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...- Strait of Hormuz traffic sees sharp uptick but not back to normalStrait of Hormuz traffic has increased sharply, but remains at roughly half its peacetime level, officials said on Thursday as stranded sai...
- 'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
- 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...
- Oil eases on signs US is loosening Iranian closure of Strait of HormuzOil prices saw a dip on Tuesday. This followed a significant rise after the U.S. Navy began operations to reopen the Strait of Hormuz. A U....
- 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...
- Maersk suspends select cargo bookings between India, neighbouring countries and Upper Gulf markets amid Middle East tensionsIn light of recent developments, the shipping titan Maersk has temporarily halted specific cargo bookings in West Asia. The acceptance of r...
- Maersk warns of extreme weather delays along South African coastAn intense cold front bringing snow to some areas of the country is resulting in damaging coastal winds, rains and waves that threaten infr...
- Maersk says expanded Houthi attacks are forcing more delaysSince late last year, the Houthis have been attacking ships in the Red Sea, which cargo vessels from Asia have to travel through to reach t...
- CMA CGM expects Red Sea shipping disruption to last monthsShipping firms are diverting vessels on to the longer, more costly route around southern Africa after Houthi militants in Yemen began drone...
- Maersk warns Red Sea disruptions could last into second half of yearContainer shipping companies switch to the longer route around Africa's Cape of Good Hope due to attacks by Houthi militants.
- US sinks 3 ships, kills 10 after Houthi Red Sea attackThe naval battle occurred around 0330 GMT on Sunday as the attackers sought to board the Singapore-flagged Maersk Hangzhou, Maersk and U.S....
- Shipping giants pause Red Sea route as Houthi attacks intensifyTwo of the world’s largest container shipping lines said on Friday that they were pausing transits through the Red Sea after their vessels ...
- 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...
- Billionaire shipping scion warns of difficult time for industryThe outlook for the shipping sector has darkened considerably in recent months, with some of the largest container lines including A.P. Mol...
- Global trade slows in blow to Maersk as further hit expectedAs business activity across the world is slowing, companies are looking to reduce inventories rather than moving new goods from Asia to Eur...
- 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...
- Maersk sees weaker demand for shipping containers this yearThe company, one of the world's biggest container shippers with a market share of around 17%, revised its outlook for global container dema...
- Shipping group Maersk expects cargo delays to persistAccording to Maersk the biggest waiting times for container vessels were at Long Beach port in Los Angeles where the waiting time is betwee...
- Shipping drifts off net-zero course without carbon levyThe Maersk Mc-Kinney Moller Center for Zero Carbon Shipping said such a levy could be introduced initially at as low as $50 per ton of CO2,...
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