A.P. Moller-Maersk CEO Vincent Clerc stated the Iran war is increasing costs by $500 million monthly. These expenses will be passed to cust...

The violence erupted after US President Donald Trump announced "Project Freedom," which he described as a humanitarian effort to guide neut...

The world’s largest container shipping company, MSC Mediterranean Shipping Company, is launching a new Europe–Middle East service that avoi...

China Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...

India's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...

Mumbai-based MatchLog Solutions is aiming to create a sustainable ecosystem in the shipping industry through its container reuse platform.

Maersk, a global shipping giant, is exploring shipbuilding and repair opportunities in India, expressing confidence in the nation's growing...

Maersk 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, 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 sank three of four small boats used by Iranian-backed Houthi militants to attack a Maersk container vessel in the south...

“Following the near-miss incident involving Maersk Gibraltar yesterday and yet another attack on a container vessel today, we have instruct...

The main problem appears to be supply and not demand. Danish shipping giant Maersk expects global container volume to decline this year.

In recent years, both Maersk and MSC have pursued growth in land-based transport and air freight where profit margins for end-to-end servic...

The U.S. Justice Department said the deal would have combined two of the world's four suppliers of refrigerated shipping containers and fur...

The company now expects growth in global container demand to slow this year to between minus 1% and plus 1%, compared to its previous expec...

The IT breakdown could extend across the company's global operations, a spokeswoman said, but could not say how Maersk's operations were im...

Container ships can't go any slower. Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit.