While Maersk Line relaunched Asia-Europe Network to increase schedule reliability, Hamburg Süd upgraded schedule reliability in Asia – Europe/Mediterranean network. Maersk Line announced ...

The world's largest container shipping company, Maersk Line, plans to raise spot freight rates sharply on main routes from ports in Asia to ports in northern Europe with effect from Nov. 1 ...

COPENHAGEN, Dec 28 (Reuters) - Denmark's Maersk (MAERSKb.CO), opens new tab will sail almost all container vessels travelling between Asia and Europe ... around Africa via the Cape of Good Hope ...

forecasting this will cut the industry's capacity between Asia and Europe by up to 20% in the second quarter. Maersk and other shipping companies have diverted vessels around Africa's Cape of Good ...

SINGAPORE, April 19 (Reuters) - The world's largest container shipping company Maersk Line, owned by A.P. Moller-Maersk, plans to increase freight rates for transporting containers from Asia to ...

Maersk already said it expects the Red Sea disruptions to continue into the second half of 2024, and has reiterated that its vessels will reroute around southern Africa’s Cape of Good Hope ...

Maersk Line, the world’s largest container carrier, said it will cut 9 percent of its shipping capacity on Asia to Europe, its largest trade route, in an effort to restore profitability.

Maersk Line, the world's largest container shipping company, plans to slash costs, cut staffing by almost a fifth and pull out of vessel orders due to slowing trade from Asia to Europe, it said. The ...

Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by ... Africa’s Cape of Good Hope since ...