While Israel and Hamas meet to discuss a U.S. proposal for ending the war in Gaza, it’s uncertain whether a peace deal will return major shipping lines to the Red Sea and Suez Canal.
Maersk won’t levy a surcharge when U.S. fees on China-linked ships take effect in October.
Container spot rates on the eastbound trans-Pacific reverse course as liner operators redeploy Chinese-built ships away from U.S. services ahead of punitive port fees.
Maersk revised its full-year forecast upward on “resilient demand”
Shipping giant Maersk is urging the FMC to resist an independent US enforcement regime – as some recommend – to combat renegade ship owners.
Once the exception and now the rule, disruptions are a way of life in the global supply chain. But experts told a recent podcast that shippers can still make hay even as they take steps to find their way.
Maersk said it has re-opened services to Haifa port days after Iranian missile barrages hit the Israeli city.
Maersk has rolled out an AI-powered program aimed at streamlining complex customs processes.
Maersk said it was suspending service to Israel’s busiest port just prior to Iran’s missile attack.
Israel’s ports are operating as usual as Jerusalem and Tehran trade missile strikes.
Maersk (OTC: AMKBY) and Hapag-Lloyd (OTC: HPGLY) announced new container services from East Asia to the U.S. Port of Long Beach. The additions by the Gemini Cooperation partners, which include the redeployment of at least one ship back into the eastbound trans-Pacific to U.S. West Coast trade, come as carriers scale up during a 90-day […]
A.P. Moller-Maersk, parent of the world’s second-largest shipping line, said that as of late May it has bought back almost $600 million worth of stock.
Intermodal volumes so far seem to be dodging the “air pocket” expected in the wake of steep tariffs on goods from China.
The tariff pause saw Hapag-Lloyd bookings from China to the United States increase 50%.
Shippers are rushing to bring in stalled China imports following a pause in the U.S.-Sino tariff fight.
The world’s second-largest container carrier wants to kick-start the reset of China-U.S. shipping with a sale on freight rates.
Container lines welcomed a pause in the tariff war that has crippled trade between the United States and China.
The parent of Maersk, the second-largest ocean container carrier, revised its full-year box outlook, saying tariffs could cut global volumes by 1% from a year ago.
The world’s second-largest container shipping line sees no immediate changes from U.S. ship fees.
Shippers and liner operators are struggling to adapt to drastic changes across the maritime supply chain.
