Maersk CEO sees Red Sea Shipping disruption lasting ‘at least a few months’
DAVOS : Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably last at least a few months. Maersk and other large shipping lines have instructed hundreds
Maersk and Hapag-Lloyd are entering into an operational cooperation
COPENHAGEN : Hapag-Lloyd AG and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. The ambition is to deliver a flexible and interconnected
Maersk announces Dry port Surcharge – Export (DPS) from Amritsar to Mundra & Pipavav
MUMBAI : In order to keep providing its customers with global services, Maersk has announced the Dry port Surcharge – Export (DPS) All 20 Dry Containers from – AMRITSAR to MUNDRA & PIPAVAV. Effective
Maersk to use Rail to bypass Panama Canal Amid Drought
COPENHAGEN : AP Moller-Maersk will use rail transport to avoid the drought-hit Panama Canal, the Danish shipping giant said late on Wednesday, as low water levels have caused one of the world’s main maritime trade routes to reduce crossings.The Panama Canal Authority (ACP)
Red Sea attacks leave shipping companies with difficult choices
CAIRO : The shipping companies that move goods on one of the world’s busiest trade routes for factories, stores, car dealerships and other businesses face an excruciating decision. They can send their vessels through the Red Sea if
MSC overtakes Maersk in becoming the World’s largest shipping line
GENEVA : MSC Mediterranean Shipping Company solidified its position as the most extensive shipping line in the world in 2023 with the addition of over one million TEUs (20-foot equivalent containers), per new numbers
Maersk diverts its Vessels from Red Sea ‘For the Foreseeable Future’
COPENHAGEN : Danish shipping giant Maersk has decided to divert all its vessels due to transit the Red Sea and Gulf of Aden south around the Cape of Good Hope in Africa for the
FMC granting ‘special permission authority’ for Red Sea diversion freight hikes
WASHINGTON : The hostilities in the Red Sea will likely be igniting other battles, albeit of a commercial rather than military nature, as container lines seek hefty rate increases and file urgent requests with