[ad_1] Danish shipping giant A.P. Moeller-Maersk said it will pause all transit through the Red Sea and Gulf of Aden until further notice following the attack on its vessel Maersk…
Tag: DK:MAERSK.B
U.S. Navy Destroys Boats Controlled by Iran-Backed Militias in Red Sea
[ad_1] By Benoit Faucon and Carrie Keller-Lynn Updated Dec. 31, 2023 11:26 am ET Listen to article (2 minutes) A U.S. Navy vessel destroyed three boats carrying pro-Iranian Yemeni rebels…
Iran-Backed Forces Widen Their Attacks on Commercial Shipping
[ad_1] Escalating Iran-backed attacks against global commercial shipping in the Red Sea have heightened pressure on the Biden administration as officials scramble to protect trade while trying to avoid a…
Maersk to Resume Red Sea Shipments as Multinational Force Deploys
[ad_1] Moller-Maersk said Sunday it plans to restart shipments through the Red Sea after pausing operations there earlier this month following attacks on its vessels. The shipping and logistics company…
WSJ News Exclusive | Now for Some Good News About Climate
[ad_1] Nov. 27, 2023 12:01 am ET Listen to article (2 minutes) There is no shortage of bad green-energy news. Automakers are fretting about electric-vehicle growth, higher interest rates are…
Maersk to Cut 10,000 Jobs as Cargo Boom Ends
[ad_1] Updated Nov. 3, 2023 8:16 am ET Shipping and logistics giant A.P. Moller-Maersk said it would cut more than 10,000 jobs, as a pandemic-fueled cargo boom has ended, leaving…
How an Insurer Helps a Shipper Stay Above Water
[ad_1] Zurich and some other insurers with big fleets of engineers are advising companies on how to fortify their properties. [ad_2] Source link
Idled Ships, Empty Containers. Ocean Shipping Faces Its Biggest Slump in Years.
[ad_1] LONG BEACH, Calif.—Global shipping executives are wrestling with plunging exports, falling freight rates and mounting suspense over whether the industry is headed for a price war in a reversal…
World Trade Weakens, but Maersk Will Float On
[ad_1] Maersk’s outlook on global trade confirms that stormy seas are waiting, but the stock is well positioned once conditions improve. [ad_2] Source link
Maersk and MSC to End 2M Global Shipping Alliance
[ad_1] The world’s two biggest shipping lines said they would end their vessel-sharing partnership in 2025, a move that would shuffle a lineup of global alliances as demand for trade…