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Danish shipping giant A.P. Moller-Maersk wants to buy warehouses, container terminals and customs brokerage firms to boost its logistics services capabilities, part of a strategic shift toward a ...
Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand for shipping containers by sea this year, prompted by muted economic growth and customers reducing inventories.
Maersk has a front-row seat to global supply chains. It says more trouble is ahead. The supply chain issues that have walloped the global economy and spurred inflation during the coronavirus ...
The Maersk ship will be a small vessel known as a feeder that can move up to 2,000 boxes and will be added to its network in 2023, seven years ahead of an earlier announced timeline, the company ...
Maersk told the news agency that the container ship was heading from Salalah, Oman, to Jeddah, Saudi Arabia, at the time of the targeting and the crew and ship have reported themselves safe.
A shipping advisory that Maersk released on Wednesday showed that several of its vessels were headed for the Suez Canal, which lies at the northern end of the Red Sea and handles about 12 percent ...
Maersk (MAERSKb.CO) expects global trade growth rising as much as 7% next year, bolstered by strong demand from the United States where a potential port strike and tariffs on foreign-made goods ...
Global shipping giant A.P. Moeller-Maersk on Friday outlined plans to lay off at least 10,000 staff in a desperate bid to cut costs following a collapse in its third-quarter revenues. The Danish ...
Shares in A.P. Moller-Maersk fell 6% after the Danish shipping giant warned of a sharp drop in global container volumes as the coronavirus pandemic disrupts global supply chains.
The world’s largest container-shipping line is making a $1.4 billion investment in a greener fleet. A.P. Moller - Maersk A/S has ordered eight new vessels, each costing $175 million, that can be ...
A.P. Moller-Maersk A/S said a cyberattack that hit the owner of the world’s biggest container shipping company at the end of June will wipe as much as $300 million off profits in the third quarter.