To better utilize their terminal assets, increase route density, and lower costs, Maersk and Hapag-Lloyd will enter the Gemini Cooperation in 2025. This alliance plans to incorporate the hub-and ...

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Denmark's Maersk has announced the scheduling of numerous container vessels to traverse the Suez Canal and the Red Sea in the coming days, signalling a potential return to normalcy for global ...

At least 750 containers were lost from the ship Maersk Essen during its journey between the Port of Xiamen, in China, and Los Angeles, in the United States. According to the maritime consultancy ...

Maersk expects strong global shipping demand Houthi attacks continue to disrupt Red Sea route Expects Suez Canal route to remain closed into 2025 Shares rise as much as 7% COPENHAGEN, Oct 31 ...

OSLO/COPENHAGEN (Reuters) - Danish shipping group A.P. Moller-Maersk said on Monday it had ... Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged re-routing ...

This year the two shipping companies confirmed that the so-called 2M alliance will end in 2025 Mediterranean Shipping Company and AP Møller-Maersk that since 2015 set aside their rivalry and ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

The Maersk Denver diverted first to Tangier and according to the specialised VesselFinder site is now en route to Oman. AFP Join ST's Telegram channel and get the latest breaking news delivered to ...

Maersk had already raised its 2024 profit forecast in May, June and August, as the Red Sea conflict was having a larger than previously expected impact on the world’s supply lines.

Together with the executive leadership team at Maersk, I look forward to seeing ... with high network costs driven by the longer sailing routes around the Cape of Good Hope, triggering in ...