Shipping

Maersk Enters Deal For Half A Million Tonnes Of Green Methanol Annually

Maersk recently announced that it had entered into the shipping industry's first large-scale agreement for green methanol from China's Goldwind, and said p...

Hapag-Lloyd Posts 77% Drop In Nine-Month Net Profit, Cuts Outlook

German container shipper Hapag-Lloyd recently posted a net profit of €3.2 billion for the first nine months of 2023, down by 77% from a year earl...

Maersk To Cut 10,000 Jobs, Sees Weaker Full Year Profit As Shipping Demand Wanes

Shipping group A.P. Moller-Maersk recently reported a steep drop in profit and revenue in the third-quarter, and said it would cut 10,000 jobs as it b...

Global Freight Cycle May Have Reached Lowest Point: Kemp

Global freight volumes show signs of having bottomed out in the first quarter.

Maersk Expects Recent Drop In Container Demand To Stabilise By Mid-Year

Shipping group Maersk on Thursday reported first-quarter earnings above expectations and maintained its 2023 profit guidance ...

Amazon, Other Retailers Revamp 'Free' Shipping As Costs Soar

Amazon.com Inc and other online retailers who use so-called free delivery to cultivate customer loyalty are scrambling to keep it from draining profit...

Maersk Warns Lower Container Volumes To Hit 2023 Profits

Shipping group A.P. Moller-Maersk warned on Wednesday lower container volumes and freight rates would drive a four-fold plunge in profits this year, e...

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 Enters Deal For Half A Million Tonnes Of Green Methanol Annually

Hapag-Lloyd Posts 77% Drop In Nine-Month Net Profit, Cuts Outlook

Maersk To Cut 10,000 Jobs, Sees Weaker Full Year Profit As Shipping Demand Wanes

Global Freight Cycle May Have Reached Lowest Point: Kemp

Maersk Expects Recent Drop In Container Demand To Stabilise By Mid-Year

Amazon, Other Retailers Revamp 'Free' Shipping As Costs Soar

Maersk Warns Lower Container Volumes To Hit 2023 Profits

Maersk Replaces CEO To Steer Shipping Firm Through Turbulent Waters

Maersk Sees Container Demand Slowing As Recession Looms

Did You Know ...? 1 November 2022

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

Hapag-Lloyd More Than Trebles H1 Net Profit

Maersk Sees Weaker Container Demand As Durable Goods Sales Dry Up

Ship Insurers Seek More Assurances On Ukraine Grain Corridor

Hapag-Lloyd Q1 Net Profit More Than Triples, Expects Strong Q2