Maersk ups profit target by $2bn on Red Sea shipping woes
COPENHAGEN : Danish shipping giant Maersk said Thursday it expects its underlying profit in 2024 to be $2 billion higher than its previous forecast as freight rates have
A.P. Møller – Mærsk A/S – Trading update for Q2 and adjustment of full-year guidance 2024
COPENHAGEN : Based on preliminary figures, A.P. Møller – Mærsk A/S (APMM) reports an unaudited revenue of USD 12.8bn, underlying EBITDA of USD 2.1bn and underlying EBIT of
Maersk Asia Pacific market update – July 2024
COPENHAGEN : Market insights to power your logistics decisions. The resilience of your supply chain is always our top priority. We are confronted by a range of challenges
Maersk announces updated surcharges worldwide
COPENHAGEN : Maersk will implement a Peak Season Surcharge (PSS) for shipments from India, Bangladesh and Sri Lanka to Bahrain for all dry containers starting 28 July 2024.
MSC increases own-operated service share ahead of 2M termination : Sea-Intelligence
GENEVA : The 2M Alliance, which currently includes the top two shipping lines MSC and Maersk, is scheduled to conclude in February 2025. Following this, Maersk will join
FMC issues request for additional information regarding Gemini Agreement
LONDON : A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week because more information is needed by
M.V. San Fernando to leave for Colombo Today , global cues in favour of Vizhinjam
THIRUVANANTHAPURAM : The first mother vessel, ‘San Fernando’ chartered by Maersk (AP Moller Group), Denmark, that called at the Vizhinjam International Seaport as part of the commencement of
The ongoing ripple effects of Red Sea shipping disruptions : Maersk
Over six months have passed since the Red Sea tensions began, and the ripple effects on maritime shipping and global supply chains have intensified. Ships continue to be temporarily diverted
Vincent Clerc speaks to ‘massive impact’ of the Red Sea situation on global supply chains
COPENHAGEN : Maersk CEO Vincent Clerc has said that the coming months will be challenging for carriers and businesses alike, as the Red Sea situation stretches into the
Maersk withdraws from DB Schenker takeover – Will this clear path for DSV?
COPENHAGEN : Danish container shipping giant Maersk is no longer interested in acquiring German logistics company DB Schenker, according to Reuters, due to possible future integration challenges. DB