Monday, March 1, 2021
Wednesday, August 19, 2020
Friday, May 15, 2020
Thursday, May 16, 2019
Thursday, February 21, 2019
Maersk Shares Sink As Trade War Looms
by Jacob Gronholt-Pedersen (Reuters) – The world’s largest container shipping company, A.P. Moller-Maersk, warned trade headwinds would slow growth this year, sending its shares down 10 percent on Thursday. Maersk...
Monday, September 10, 2018
Thursday, August 30, 2018
Profit Falls 98 Percent For Cosco
by Brenda Goh (Reuters) – China’s COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs and a slide in freight...
Tuesday, August 28, 2018
Greek Shipowner Denies Drug Trafficking Charges
by Constantinos Georgizas (Reuters) – Greek shipping tycoon Vangelis Marinakis, the owner of Olympiakos Piraeus and Nottingham Forest soccer teams, denied any links to drug trafficking on Saturday, a day after a...
Friday, July 13, 2018
Thursday, April 12, 2018
Thursday, February 1, 2018
Baltic Index Approaches 6-Month Low
by Arpan Varghese (Reuters) – The Baltic Exchange’s main sea freight index extended its slide to a fourth straight session to touch a near six-month low on Thursday, as rates...
Saturday, January 20, 2018
Friday, November 17, 2017
German Banks Offload “Toxic” Shipping Debt
by Jonathan Saul, Arno Schuetze (Reuters) Top national lenders Deutsche Bank and Commerzbank are stepping up efforts to offload distressed shipping loans, finance sources said, as the German banking system...
Wednesday, November 15, 2017
Hapag-Lloyd Outpaces Maersk In 2017 Outlook
By Vera Eckert and Christoph Steitz (Reuters) German shipping group Hapag-Lloyd kept its outlook for the current year after its nine-month operating profit rose more than tenfold, narrowing the gap...
Tuesday, November 7, 2017
Maersk Steers Shipping Forecasts Lower
by Stine Jacobsen (Reuters) – A.P. Moller-Maersk , the world’s largest container shipping group, cut the profit forecast for its core business on Tuesday after a costly cyber attack and a...
Monday, November 6, 2017
Monday, August 21, 2017
Total To Pay $5 Billion For Maersk Oil
By Geraldine Amiel and Christian Wienberg (Bloomberg) Total SA agreed to buy the oil and gas unit of A.P. Moller-Maersk A/S, the French company’s biggest acquisition since 1999 and another...
Sunday, July 9, 2017