While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
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Maersk announced that it expects to grow its business to track an expected 4 per cent growth in global container shipping this year, even as profits are set to decline and US President Donald Trump’s ...
Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...
Panama President José Raúl Mulino and the canal's operator denied the State Department’s claim that the country would allow U ...
Maersk targets net zero by 2040, but warns climate change and geopolitics are causing supply chain disruptions that demand ...
Maersk has reported robust financial results for 2024, marking growth across all business segments and significantly ...
Maersk reports strong financial results for 2024 with growth across all segments and significantly improved profitability ...
“While the container ship market remains uncertain due to trade tensions and the potential reopening of the Red Sea, Maersk ...
CFO Patrick Jany reported a strong Q4 finish, with an EBITDA of $3.6 billion and EBIT of $2.1 billion. Free cash flow for the quarter reached $2.2 billion, supported by favorable working capital ...
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market in the face of an intensifying trade war. The global container market will expand 4% this year, ...
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