Maersk, Red Sea
A.P. Moeller-Maersk expects Red Sea disruptions through rest of the year
Shipping giant A.P. Moeller Maersk said it is planning to reroute cargo usually traveling through the Red Sea to the Cape of Good Hope for the remainder
Maersk raises profit guidance on strong demand and Red Sea disruption
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Shipping group Maersk raised its full-year profit guidance after reporting first-quarter earnings on Thursday, citing strong demand and higher freight rates as ships sail for longer to avoid conflict in the Red Sea.
Maersk Raises Guidance as Red Sea Disruption Set to Persist
Maersk raised the lower end of its full-year guidance despite expecting the overcapacity challenges that have plagued the industry to continue, potentially for the rest of the year.
Red Sea crisis to shield Maersk profit for next two quarters, says Vincent Clerc
Danish giant AP Moller-Maersk expects stronger container demand and the prolonged impact of the Red Sea crisis to boost its financial results in the second and third quarters. But chief executive Vincent Clerc expects the sheer scale of the container ship orderbook will likely overtake market growth after that.
Red Sea trade disruption could last until next year, warns Maersk
Shipping group raises forecast on higher volumes but fears new vessels from competitors will lead to overcapacity
Maersk raises full-year profit guidance after strong quarter
Pedersen COPENHAGEN (Reuters) -Shipping group Maersk raised its full-year profit guidance after posting better than expected quarterly earnings on Thursday, citing strong container shipping demand and the diverting of vessels around Africa to avoid the Red Sea.
Maersk Raises Guidance as Overcapacity Issues Persist
By Ed Frankl A.P. Moeller-Maersk expects overcapacity challenges that are plaguing the industry to continue potentially for the rest of the year, as
Maersk's Net Profit Sinks Amid Red Sea Attacks
Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as Yemeni rebel attacks force it to avoid the vital Red Sea route.
Houthis, Red Sea
Center for International Maritime Security1d
Naval Interoperability and NATO’s Naval Presence: Lessons from the Red Sea
In the latest Notes to the CNO series run by CIMSEC back in September 2023, we argued that in an increasingly contested and ...
TASS10h
Interruptions in Red Sea cargo traffic may last until year-end — FT
TASS/. The disturbance with the cargo traffic in the Red Sea may continue until the end of this year, CEO of Denmark-based AP Moller-Maersk told The Financial Times. "We can see that the situation ...
Are the campus protests antisemitic? For many Jewish activists, a difficult debate
These law enforcement actions have come with bellicose calls from leading political voices and punishment meted out by ...
Daily Sabah3h
Terminal in NW Türkiye paves way for reducing Red Sea transit times
One of the largest container terminals in Türkiye, DP World Yarımca, situated in northwestern Kocaeli province has paved the ...
Red Sea diversions spew carbon emissions equal to 9 million cars
Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons of ...
Red Sea crisis, labour strikes deepen Finnish Nokian Tyres' losses
Finland's Nokian Tyres on Monday posted a bigger operating loss for the first quarter than analysts had expected following ...
GMA Network1d
DMW: No timeline yet on release of 17 Filipino hostages in Red Sea
The DMW said that there is no timeline yet on the release of the 17 Filipino seafarers held hostage in the southern Red Sea ...
Seatrade Cruise News1d
Princess alters 2025 world cruises to avoid the Red Sea
Princess Cruises is rerouting Island Princess and Crown Princess world cruises in 2025 to avoid the Red Sea. As a result, ...