Houthi Video Shows Sinking of M/V Magic Seas in Red Sea
Yemen’s Houthi militants have released propaganda footage appearing to show the Greek bulk carrier M/V Magic Seas sinking in the Red Sea following their attack on July 6. The vessel...
How did Maersk CEO Søren Skou navigate his company from unprecedented levels of cargo contraction last year to today’s surge in demand? With vaccine rollouts in place in the U.S. and consumer discretionary spending shifting towards services, will Maersk and its rivals be able to maintain their growth momentum? And what do bottlenecks at ports and higher freight rates mean for U.S. consumers? This video from CNBC provides a good overview of the problems and opportunities Maersk faces in 2021.
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