Global shipping giant Maersk will restart operations in the Red Sea after suspending activity there following attacks by Iran-backed Houthi rebels on commercial vessels. The Danish company ...

Expect the disruptions to container shipping in the Red Sea to linger into the third quarter, according to Maersk CEO Vincent Clerc. The ocean freight giant is still diverting its container ...

A.P. Moeller-Maersk raised its full-year guidance for the third time in as many months as disruptions in the Red Sea and strong container shipping demand continue. Container operators have been ...

In June, the carrier will reroute its MEDEX service-connecting ports across the Middle East, Indian subcontinent and ...

rates plummeted and so did Maersk’s results. A variety of factors have affected freight prices in just the past five years. Most recently, geopolitical tensions in the Red Sea have rerouted ...

Container giant A.P. Moller-Maersk A/S expressed caution about any fast return to shipping through the Red Sea, after the Yemen-based Houthis signaled a pause in their attacks on commercial vessels.

Denmark’s AP Moller-Maersk said on Wednesday that disruption to its container shipping via the Red Sea had extended beyond trade routes between the Far East and Europe to its entire global network.

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 from Asia to the Mediterranean, Europe and North America ...

A.P. Moller-Maersk A/S, a bellwether for global trade, raised its full-year profit forecast, saying the congestion in the Red Sea is having a larger than previously expected impact on the world ...

A.P. Moller-Maersk A/S, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by supply ...

Last month, when digesting Maersk’s first-quarter update, we spoke about how the ongoing disruptions in the Red Sea were offsetting the oversupply in container shipping markets, but that this ...

On Oct. 9, Maersk said they decided on the long route due to “continued safety concerns” along the shorter transit. Houthi attacks in the Red Sea have since late last year forced container ...