Red Sea, Houthis
Maersk Says Expanded Houthi Attacks Are Forcing More Delays
The shipping company said the militia had recently tried to attack ships farther from the shore of Yemen, putting more strain on logistics.
Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%
Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry's capacity between Asia and Europe by up to 20% in the second quarter.
Maersk Sees Red Sea Conflict Absorbing Up to 20% Ship Capacity
A.P. Moller-Maersk A/S expects that the shipping industry this quarter will spend 15% to 20% of its Asia-to-Europe vessel capacity on sailing south of Africa to avoid the Red Sea.
Maersk: Shipping capacity down as much as 20% due to Red Sea attacks
Due to the difficult security situation in the Red Sea, Danish shipping giant Maersk is expecting an industry-wide loss in freight capacity on routes from eastern Asia to Europe of 15% to 20% in the second quarter.
Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter
The disruption to container shipping traffic in the Red Sea is increasing and is expected to reduce the industry's capacity between the Far East and Europe by some 15%-20% in the second quarter, shipping group Maersk said on Monday.
Maersk Says Red Sea 'Risk Zone Has Expanded'
Maersk also says that vessels will likely continue rerouting around Africa's Cape of Good Hope for the foreseeable future.
Houthi Rebels Escalate Threats, Vow to Target Red Sea Shipping and Israeli Ports in Potential Maritime Crisis
Y emen’s Houthi group has broadcast an alarming escalation in their maritime strategy, openly threatening to expand their operational reach and target vessels in the Red Sea and even as far as the Mediterranean Sea if Israel proceeds with military action in Rafah,
Red Sea Disruption Cuts Q2 Capacity by 15%-20%, Maersk Says
COPENHAGEN (Reuters) - The disruption to container shipping traffic in the Red Sea is worsening, and is expected to reduce the industry's capacity between the Far East and Europe by some 15%-20% in the second quarter, shipping group Maersk said on Monday.
Attacks in the Red Sea are escalating, warns shipping giant Maersk
Container vessels have been rerouted around the southern tip of Africa since to avoid attacks by Iranian-backed Houthi militants in the Red Sea.
Shipping giant Maersk says Baltimore port reentry decision is near as collapsed bridge cleanup progresses
Maersk's North American president says the Baltimore collapsed bridge cleanup is progressing and a decision on its port ...
The Hindu1h
Maersk suffers ‘capacity loss of 15-20%’ due to Red Sea crisis
Global shipping major Maersk estimates an industry wide capacity loss of 15-20% in the Far East to North Europe and ...
TradeWinds14h
Major Maersk container ship order stalls as Evergreen inks contract in China after yard beauty contest
Two of the world’s leading container lines are taking different directions on respective newbuilding projects. Danish giant Maersk has seen a significant order pause at the same time as Evergreen ...
Maersk raises profit guidance on strong demand and Red Sea disruption
Shipping group Maersk raised its full-year profit guidance after reporting first-quarter earnings on Thursday, citing strong ...
Maersk Questions Rival’s Solvency in Battle Over South Africa’s Durban Container Port
A.P. Moller - Maersk A/S said a successful rival bidder fell short of tender requirements as it seeks to overturn the award of a concession to run and expand sub-Saharan Africa’s biggest container ...
Posts falsely claim Nigeria's announcement of trade deal sank shipping giant Maersk's stock
The Nigerian government announced in late April that Danish shipping giant Maersk would invest $600 million in the country. However, social media users claimed that Maersk was unaware of the plan and ...
businesstech.co.za1d
Fight over Transnet and billionaire’s port ‘privatisation’ plan
A.P. Moller-Maersk A/S said a successful rival bidder fell short of tender requirements as it seeks to overturn the award of ...