Shipping

Maersk Replaces CEO To Steer Shipping Firm Through Turbulent Waters

Shipping giant A.P. Moller-Maersk said on Monday it had appointed Vincent Clerc.

Maersk Sees Container Demand Slowing As Recession Looms

Maersk warned on Wednesday of slowing demand for transport and logistics as a global recession looms.

Did You Know ...? 1 November 2022

Rotterdam, Europe's biggest port, plans to make mass flow meters, which can measure fuel supplies more accurately.

Workers At UK's Biggest Container Port Felixstowe Due To Begin Eight-Day Strike

More than 1,900 workers at Britain's biggest container port are due on Sunday to start eight days of strike action.

Hapag-Lloyd More Than Trebles H1 Net Profit

German container shipper Hapag-Lloyd on Thursday posted a net profit of €8.7 billion ($8.94 billion) for the first half of 2022.

Maersk Sees Weaker Container Demand As Durable Goods Sales Dry Up

Shipping group Maersk expects global container demand to fall this year as sales of durable goods come to a 'standstill', leaving flat-screen TVs and furni...

Ship Insurers Seek More Assurances On Ukraine Grain Corridor

Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international nav...