Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels Danish shipping company Maersk will return to sailing…
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Maersk
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
Offshore, marine and energy specialist Seatrium has reached an agreement with buyer Maersk Offshore Wind’s affiliate Phoenix II, for the latter to pay the balance of the contract price –…
Maersk completes first Red Sea voyage in nearly two years
The shipping company says it has no plans to fully reopen the route but may gradually resume sailing via Suez and the Red Sea Danish shipping company Maersk said on Friday (Dec 19) that…
Maersk sees better safety in Red Sea as it eyes eventual return
Shippers have been routing their vessels around Africa, adding thousands of miles and costs to voyages AP MOLLER-MAERSK said that the conditions for it to resume transit through the…
Maersk lifts full-year profit guidance range, posts Q3 profit above forecast
Shipping group AP Moller-Maersk on Thursday (Nov 6) reported third-quarter operating profit above expectations and raised the lower end of its full-year profit forecast. Maersk said…
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as much as 7.8 per cent on Friday (Oct 10) morning…
Shipping firm Maersk temporarily pauses Haifa port calls
Container shipping company Maersk said on Friday (Jun 20) it had temporarily paused vessel calls at Israel’s Haifa port, amid the country’s escalating conflict with Iran. The…
Maersk cuts global container market outlook on tariff war
Maersk sees global container volume market in the range of 1% decline to growth of 4% this year Moller-Maersk, the Danish container giant, lowered its forecast for the global…
Maersk Q4 profit beats forecast, expects softer 2025 earnings
The Danish company, viewed as a barometer of world trade, said it expects an underlying Ebitda result of between US$6 billion and US$9 billion this year MAERSK on Thursday (Feb 6) reported…
Maersk eyes 4% market growth in 2025, uncertainty over tariffs and Red Sea
MAERSK on Thursday (Feb 6) said it expects to grow its business to track an expected 4 per cent growth in global container shipping this year, even as profits are set to decline and US…
How will shipping giant's move affect major port?
As a major container shipping company announces its larger vessels will stop using the Port of Felixstowe, what impact will that have? Maersk said the changes would take effect in February…
Maersk raises profit outlook on strong market
Danish shipping group AP Moller-Maersk said on Monday (Oct 21) it had raised its full-year forecasts on the back of strong third quarter results, robust demand and the continuing…