A drone view shows Panama Ports Company (PPC) after Panama's Official Gazette published a court ruling formally annulling Hong Kong's CK Hutchison Holdings concessions for two ports along its ...
A.P. Møller - Mærsk (CPSE:MAERSK B) has announced a significant cut to its annual dividend. The decision follows weaker full year 2025 earnings and a net loss in the most recent quarter. The reduced ...
Japanese shipbuilder Tsuneishi Shipbuilding said it has delivered a dual-fuel methanol container ship from its Zhoushan yard for charter to A.P. Moller-Maersk. The 5,900 TEU ship was handed over in ...
Maersk heralded its return to the Red Sea with the sailing of Maersk Detroit, but that ship has diverted to the Cape and another has turned tracking off.
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Falling freight rates undercut Hapag-Lloyd earnings, overshadow volume gains
Despite stronger volumes than the broader container market, profit fell sharply as freight pricing deteriorated across major trade lanes.
Blockchain technology is emerging as a game changer in the realm of supply-chain emissions tracking, particularly concerning Scope 3 emissions. These emissions, often linked to indirect activities ...
A.P. Moller-Maersk has ordered eight large container vessels that will be built by New Times Shipbuilding in China. The Danish shipping giant said all eight ships will have the same characteristics ...
A.P. Moller - Maersk has ordered eight large container vessels from China’s New Times Shipbuilding. All eight ships will have the same characteristics and make up a new series of 18,600 TEU vessels ...
COPENHAGEN — Shipping giant Maersk Line said falling freight rates, driven by container-vessel overcapacity and the gradual resumption of shorter Red Sea trade routes, could halve earnings this year.
Maersk said on Thursday that it would lay off 1,000 corporate employees as the shipping giant seeks to cushion the impact of deteriorating freight rates following the gradual reopening of Red Sea ...
[Stay on top of transportation news: Get TTNews in your inbox.] A.P. Moller-Maersk A/S plans to cut 1,000 jobs and focus on cost discipline this year as the container giant seeks to insulate its ...
Shares in A.P. Moller-Maersk MAERSK.B1.35%increase; green up pointing triangle fell Thursday as the Danish shipping giant said earnings will drop sharply this year while it announced around 1,000 job ...
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