Maersk slumps 7% as the end of U.S. port strikes weighs on European shipping stocks
Shares of Moller-Maersk slumped more than 8% Friday as European shipping companies fell on the conclusion of a U.S. port
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AP Moeller – Maersk A/S
Baltimore key shipping channel fully reopens after Francis Scott Key Bridge collapse
The main shipping channel into the Baltimore port was fully restored for commercial transit, after the March 26 collapse of
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How Maersk grew its shipping empire and how it’s evolving
The pandemic has thrown the airline industry into turmoil. Analysts say at least airlines are doing a better job at
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Baltimore disaster may be the largest-ever marine insurance payout, Lloyd’s boss says
The head of Lloyd's of London said the insurance industry would nonetheless be able to handle the hefty claims. Source
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Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice
Baltimore's Francis Scott Key Bridge collapsed after the 10,000 container-capacity vessel Dali collided with a bridge pillar. Rescue efforts are
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Strikes at East Coast, Gulf ports are a big labor risk this year, and trade diversions have already started
Contract talks have started between the union for port workers on the East Coast and Gulf Coast, and maritime owners,
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Houthis claim ‘catastrophic’ attack in Red Sea that prompted crew to abandon ship
The Iran-backed Houthi group on Sunday damaged a ship offshore Yemen, prompting its crew to abandon the vessel. Source link
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Shipping giant Maersk shares slide 14% after suspending share buybacks amid Red Sea disruption
Danish shipping giant Maersk on Thursday flagged "high uncertainty" in its 2024 earnings outlook as Red Sea disruptions continue to
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Red Sea crisis could jeopardize inflation fight as shipping costs spike globally
JPMorgan told clients the fight against inflation could stall in the coming months if shipping costs push the price of
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