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
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.
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
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
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
Maersk issues warning on prolonged Red Sea disruptions, supply chain challenges
COPENHAGEN : Maersk, a key player in the global shipping industry, has issued a cautionary note, indicating that disruptions to container shipping through the Red Sea may extend
Maersk applies new PSS from Far East to East Coast South America
COPENHAGEN : Maersk is adjusting Peak Season Surcharge (PSS) rates for selected routes effective March 1 to 31 March 2024, to ensure continued global service provision. The changes
Maersk completes largest infrastructure investment in New Zealand with new cold chain facility
HAMILTON CITY: A.P. Moller-Maersk celebrated the opening of its state-of-the-art, integrated cold chain facility at the Ruakura Superhub , solidifying Hamilton as a key touch point within the
Connecting the dots between Morocco and the South of Europe : Maersk
COPENHAGEN : A recent sourcing whitepaper has revealed that over 64% of European companies have changed the way they source materials as a result of global supply chain disruptions. Arguments
How long can Maersk investors tolerate below-par performance, wonders Linerlytica
COPENHAGEN : Maersk blamed overcapacity for its record EBIT losses in the fourth quarter but it failed to mask the fact that it has continuously underperformed the market,