Maersk
Maersk CEO: Red Sea Disruptions Could Linger ‘A Few Months, At Least’
At Davos, Vincent Clerc said he still expects longer vessel transit times, while DHL CEO Tobias Meyer warns…
Maersk, Hapag-Lloyd Stress Reliability Upon Forming New Shipping Alliance
The ocean carriers expect 90 percent schedule reliability rates once the network is established—30 percentage…
Container Vessels Warned to ‘Stay Well Away’ From Red Sea After Yemen Air Strikes
A series of coordinated joint retaliatory U.S.-U.K. air strikes on Houthi military targets in Yemen has…
Maersk to Bypass Panama Canal Via ‘Land Bridge’
The container shipping giant will modify its service between Oceania and the Americas to transport cargo…
Maersk Issues New Update on ‘Volatile’ Red Sea
The ocean freight giant will stay away "for the foreseeable future."
Maersk Quits Red Sea Shipping ‘Until Further Notice’
The ocean freight giant halts shipping into the Suez Canal for the second time after Houthi rebels attempted…
Maersk, CMA CGM Prep Vessels for Red Sea Return
MSC said one of its container ships was attacked in the Red Sea, with Hapag-Lloyd maintaining it would keep…
Maersk, Hapag-Lloyd Suspend Shipping Through Red Sea After Houthi Attacks
If attacks in the Bab el-Mandeb Strait escalate, freight rates for shippers moving product in the waterway…
Maersk’s $500 Million Investment to Expand SE Asian Capacity 50%
By 2026, Maersk expects to add 5.2 million square feet of warehouse space in Singapore, Malaysia, Indonesia…
Shipping CEOs Call to Accelerate Decarbonization Via Regulation at COP28
They want a new GHG emissions pricing mechanism.
US Cargo Imports Cross 2 Million TEU in September
The peak comes as NRF expects a modest holiday sales season, while Maersk and Hapag-Lloyd warn of a slowdown…
Maersk Cuts 3,500 Jobs, Reports Net Income Down 94.5%
On the rail side of the supply chain, Union Pacific will eliminate as many as 280 positions.
Target’s Insurer Sues Maersk for $5.8 Million
The Maersk Eindhoven lost 260 containers, including 57 for Target, when an engine failed at sea back in…
Inditex Teams with Maersk to Cut Emissions. Can the Industry Commit to its Goals?
A recent report says the industry isn't on track for zero-emission fuels to reach 5 percent of international…
Container Shipping in Israel Stable Despite Security Risks
Mediterranean Shipping Co. and Maersk told customers that they will continue to accept bookings to and from…