Global Supply Chains Disrupted by Ongoing Red Sea Crisis, Warns Maersk
The fallout from the Red Sea crisis continues to cascade globally, creating significant challenges for supply chains, according to a recent market update from
gCaptain’s full coverage of A.P. Moller-Maersk (Maersk), one of the world’s leading container transportation companies.
The fallout from the Red Sea crisis continues to cascade globally, creating significant challenges for supply chains, according to a recent market update from
(Bloomberg) — Some of the biggest names in shipping are betting billions of dollars on tankers to transport a type of ammonia that’s scarcely being
A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week due to a need for more
Maersk highlighted significant challenges posed by the ongoing Red Sea situation, which has forced ships to divert around Africa, increasing costs and
SFL Corporation Ltd. (NYSE: SFL) announced today the agreement of new 5-year time charters for four 8,700 TEU container vessels, adding approximately $240
By Eyk Henning, Dinesh Nair and Sara Sjolin (Bloomberg) — A.P. Moller-Maersk A/S withdrew its bid for DB Schenker, the logistics unit of Deutsche Bahn
By Martina Li in Taiwan (The Loadstar) – As liner operators become desperate for ships, charter rates have hit the $150,000/day mark. Maersk Line has
The Federal Maritime Commission has opened a 12-day comment period for public response to Maersk and Hapag Lloyd’s new vessel sharing agreement, called
By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, said the world’s supply lines are more impacted than
A.P. Moller-Maersk A/S (APMM) sees worsening port congestion, especially in the Middle East and Asia, and further increases in container freight rates thanks
Shipping giant Maersk announced on Monday significant delays in vessel schedules due to severe terminal congestion in Mediterranean and Asian ports. The
By Paul Burkhardt (Bloomberg) — A.P. Moller – Maersk A/S said a successful rival bidder fell short of tender requirements as it seeks to overturn
COPENHAGEN, May 6 (Reuters) – Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the
A.P. Moller – Maersk has revised its financial guidance for 2024 after a strong Q1. The company now expects an underlying EBIT of USD -2.0 to 0.0 billion
ABUJA, April 28 (Reuters) – Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company
Offshore wind turbine manufacturer Vestas has signed a Memorandum of Understanding with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City for supply chain
Global shipping giant Maersk has released a detailed update on its operations following the collapse of Baltimore’s Key Bridge. The company, which
COPENHAGEN, April 15 (Reuters) – Shipping company Maersk has not made any deployment changes after a Portuguese-flagged container ship
By Paul Burkhardt (Bloomberg) — A.P. Moller – Maersk A/S is contesting a process held by South Africa’s state logistics firm Transnet SOC Ltd.
Danish shipping giant Maersk says it will continue to divert its containerships around the Cape of Good Hope due to the continued risk of Houthi attacks in the
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