Maersk Says Energy Crunch to Persist Even If Iran Peace Deal Struck
Shipping group Maersk MAERSKb.CO beat first-quarter profit forecasts on Thursday but warned the Iran war had pushed its fuel costs up by nearly $500 million
gCaptain’s full coverage of A.P. Moller-Maersk (Maersk), one of the world’s leading container transportation companies.
Shipping group Maersk MAERSKb.CO beat first-quarter profit forecasts on Thursday but warned the Iran war had pushed its fuel costs up by nearly $500 million
Maersk has confirmed that one of the vessels involved in Monday’s U.S.-escorted transits of the Strait of Hormuz was its U.S.-flagged roll-on/roll-off
Hong Kong conglomerate CK Hutchison has launched arbitration proceedings against Danish shipping group A.P. Moller-Maersk over the takeover of key ports near
Hapag-Lloyd struck a cautious tone on Wednesday over a possible resumption of shipping through the Strait of Hormuz following a U.S.-Iran ceasefire, warning
Maersk MAERSKb.CO said on Wednesday the two-week ceasefire agreed between the U.S. and Iran could open some opportunities for vessels in the Strait of
A.P. Moller–Maersk says the Strait of Hormuz crisis is now reshaping global shipping networks, with the carrier warning that the key energy chokepoint is
Singapore-based shipbuilder Seatrium Limited has delivered a next-generation Wind Turbine Installation Vessel (WTIV) to Maersk Offshore Wind, marking the
Global shipping giant A.P. Moller – Maersk says the escalating conflict in the Middle East is beginning to disrupt global marine fuel supply chains,
Hundreds of thousands of containers are in limbo after ocean carriers suspend cargo bookings to Arabian Container
The brief reprieve in Red Sea shipping attacks ended this weekend as Yemen's Houthi movement signaled an imminent return to targeting commercial vessels,
The world’s most vital energy artery is under siege. Following coordinated U.S. and Israeli strikes that killed Iran’s Supreme Leader Ayatollah Ali
Less than a month after restarting limited Red Sea transits, Maersk is once again rerouting select services around the Cape of Good Hope, underscoring how
APM Terminals has begun temporary operations at Panama’s Port of Balboa on the Pacific side, launching an 18-month stabilization phase designed to
Hong Kong conglomerate CK Hutchison alleges Panama threatened employees with criminal prosecution after seizing two strategic canal ports and awarding
Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, clearing the way
DP World and APM Terminals have formed a strategic partnership at Saudi Arabia’s Jeddah Islamic Port, with APM acquiring a 37.5% stake in the Southern
Geneva-based Mediterranean Shipping Company has reached a new milestone, pushing its total containership capacity past 7.2 million TEU and solidifying its
CK Hutchison Holdings Ltd. has warned A.P. Moller-Maersk A/S of legal action should the Nordic company’s terminal unit try to take over operations at two
Maersk and Eurogate are in advanced talks on a €1 billion investment to modernize Bremerhaven’s North Sea Terminal, aiming to create Europe’s first
The Danish toy giant LEGO is set to launch a new collector’s set celebrating Maersk’s methanol-powered flagship, Ane Maersk. The Maersk Dual-Fuel
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up