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MAERSK CONTAINER SHIP
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...- PM Modi strengthens India-Nordic ties with focus on clean energy, trade, digitalization focus at 3rd summitAhead of the 3rd India-Nordic Summit, Narendra Modi held key meetings with leaders from Iceland, Finland, and Denmark to strengthen coopera...
- 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...
- 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...
- 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...
- Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
- 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 keen to build & repair ships in India, says officialMaersk, a global shipping giant, is exploring shipbuilding and repair opportunities in India, expressing confidence in the nation's growing...
- 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 expects container demand growth to slow, raises investment forecastMaersk, viewed as a barometer of world trade, said global container demand was estimated to have grown 5%-7% in the second quarter, boosted...
- US Navy helicopters repel Houthi attack on Maersk container ship in Red SeaUS Navy helicopters sank three of four small boats used by Iranian-backed Houthi militants to attack a Maersk container vessel in the south...
- Maersk tells its container ships to pause Red Sea voyages“Following the near-miss incident involving Maersk Gibraltar yesterday and yet another attack on a container vessel today, we have instruct...
- 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.
- 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...
- Shipping container suppliers abandon $987 mln deal after U.S. probeThe U.S. Justice Department said the deal would have combined two of the world's four suppliers of refrigerated shipping containers and fur...
- Maersk says shipping boom will stabilise in H2, revises up profit guidanceThe company now expects growth in global container demand to slow this year to between minus 1% and plus 1%, compared to its previous expec...
- Maersk says global IT breakdown caused by cyber attackThe IT breakdown could extend across the company's global operations, a spokeswoman said, but could not say how Maersk's operations were im...
- 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.
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