A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer demand defying an intensifying trade war.
Maersk on Thursday said it expects to grow its business to track an expected 4% growth in global container shipping this year, even as profits are set to decline and U.S. President Donald Trump's ...
“While the container ship market remains uncertain due to trade tensions and the potential reopening of the Red Sea, Maersk provided a compelling case that these risks are not immediate concerns,” ...
A.P. Moeller-Maersk hiked its dividend after disruption to shipping lanes in the Red Sea pushed up rates by 38% in the fourth quarter.
Hub-and-spoke routing is not the norm in container shipping, but Maersk and Hapag-Lloyd are rolling out this approach starting February 1 ...
Maersk said its container rates climbed 38.1% in 2024 ... Ocean fuel costs rose just 1.7% in 2024 despite the effects of the Red Sea crisis, which forced Maersk to reroute ships on longer voyages ...
The 4,400-teu SCI Mumbai (built 2008) is reported fixed to French liner giant CMA CGM for six months at $50,000 per day. The ...
This season has proven challenging for Chilean cherries, with low returns and a +$100 million shipment that may have to be ...
The global container market will expand 4% this ... end of the guidance implies a reopening of the Red Sea shipping route by mid-year, Maersk said. If vessels cannot transit there until year ...
It said the wide forecast range hinged on the situation in the Red Sea, avoided by Maersk for over a year ... and Nike (NKE.N), saw global container market volume growth of 6 per cent last year ...
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