Maersk resumes Panama Canal transit service as rainy season approaches
COPENHAGEN : AP Moller-Maersk will resume Panama Canal transits on an east-west service that was suspended because of low water levels. Panama Canal increases transits again as Red Sea still in crisis. It will
Maersk names second vessel of its large methanol-enabled fleet “Astrid Mærsk” in Yokohama
Yokohama : In a ceremony held in Yokohama, Japan, the world’s second large methanol-enabled container vessel was named “Astrid Mærsk“. Mrs. Liza Uchida, spouse of Nissan CEO Makoto Uchida served as godmother and christened
Crew of container ship MV Dali collided with bridge in Baltimore, U.S. are all Indian
BALTIMORE : The entire 22-member crew of the container ship that struck a major bridge in Baltimore early Tuesday, causing it to snap and plunge into the river, are Indians who alerted authorities about
Maersk will avoid Red Sea despite EU security operation
COPENHAGEN : Maersk said on Friday it was too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by the European Union to increase safety
Maersk and Hapag-Lloyd Gemini Alliance will seek to reduce costs
HAMBURG : With returns sliding back to pre-Covid levels after the supercharged pandemic period shipping lines are looking to control costs again to keep their heads above water. Hapag-Lloyd reported substantial declines in its
Container rates drop to unsustainable levels : Maersk CEO
COPENHAGEN : The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk, CEO Mr. Vincent Clerc told the group’s annual meeting
Maersk still in the race for DB Schenker’s acquisition : CEO
COPENHAGEN : After DHL withdrew from the race of DB Schenker’s acquisition last week, Danish shipping company DSV appeared to be the sole remaining candidate to proceed with the purchase. However, another player claims
Maersk raises freight rates to US, Canada from India and West Asia
COPENHAGEN : Maersk has announced a rate increase of $1,000 per container to the US and Canada ports from March 2. The increase is applicable to cargo originating from India and West Asia, and