APM Terminals hubs to help Gemini Cooperation achieve 90%+ schedule reliability
COPENHAGEN : Eight of APM Terminals’ terminals have been selected as hubs by the new Gemini Cooperation, a long-term operational collaboration between Maersk and Hapag-Lloyd, which will start in February 2025. Hubs will play
Maersk faces significant port congestion in Asia and Mediterranean
OSLO : Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish Shipping Group said in a statement on Monday. As a result of that
European liner operators apply new surcharges from Asia to Africa
LONDON : Three of the major ocean carriers have announced new peak season surcharges (PSS) for shipments from Asia to several ports in Africa. First of all, Danish container line Maersk will apply the
Red Sea crisis sees 2M separation go into reverse
SANNA : Following the announcement of the dissolution of the 2M Alliance the division of services was rapid, but since the beginning of this year the collaboration has regained momentum with an increase in
Maersk suspends Methanol Ship order to Chinese Shipbuilder
COPENHAGEN : Maersk, the world’s second-largest shipping company, has reportedly postponed an order for 15 methanol-powered container ships from a Chinese shipbuilder. The delay is reportedly due to Maersk’s objections to design drawings submitted
Hapag-Lloyd and Maersk navigate shipping struggles amid Red Sea hazards
HAMBURG : German container shipping company Hapag-Lloyd reiterated its cautious approach to maritime routes, announcing on Monday that it continues to steer clear of the Red Sea and the Gulf of Aden due to
Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%
COPENHAGEN : Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and
Maersk Q1 results in line with expectations amid ongoing Red Sea disruptions
COPENHAGEN : A.P. Moller – Maersk (Maersk) delivered a first quarter in line with expectations showing a strong recovery in earnings compared to the fourth quarter of 2023. Results were driven by a good