Maersk’s container-shipping business revenue increased 39%.
there is mounting evidence that the rebels are likely behind the disruptions. A post on a Houthi-affiliated Telegram page last December displayed a map of submarine cables throughout the Red Sea.
As the Belt and Road Initiative seeks to redraw the global trade map through a network of overland and maritime routes, the instability in the Red Sea could accelerate efforts to position China ...
Danish carrier says it might only break even, assuming vessels head back to Red Sea by the middle of this year ...
A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade ...
A.P. Moeller-Maersk swung to a net profit in the fourth quarter that exceeded analysts' expectations, as disruptions to the Red Sea shipping supported higher shipping rates. The Danish shipping ...