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Tag: MAERSK

Shippers turning to futures and longer-term contracts to manage risks

Daily turnover of Asia-North Europe (EC) container freight futures traded on the Shanghai Futures Exchange has reached US$1.5 billion. Speakers at the “Navigating the Volatility...

Maersk upgrades West Africa service

Danish ocean carrier Maersk will expand its West Africa 3 (WAF3) service into the Mediterranean basin, adding Egypt's Port Said to the port rotation. The...

DP World London Gateway welcomes first Gemini vessel

DP World London Gateway has received its first vessel under the new agreement with the Gemini Cooperation, a partnership between Maersk and Hapag-Lloyd. Maersk Stadelhorn...

Major container lines report over US$27 billion in 2024 earnings

The major shipping lines that have reported and published their financial figures for 2024 have recorded combined full-year earnings before interest and taxes (EBIT)...

Port of Santos: Battleground for Industry Giants

DP World has entered into a significant long-term strategic agreement with Maersk to bolster maritime services at its terminal in the Port of Santos,...

Gemini to facilitate return to JIT deliveries

Improvements in the reliability of scheduling offered by the Gemini Cooperation on their new hub and spoke services could see a return to just-in-time...

Agricultural Expert: Maersk Saltoro case lessons for government, insurers and shippers

The breakdown of the container ship Maersk Saltoro is a lesson for Chilean fruit exporters, and shows that such shippers must have contingency plans...

Maersk expands tech platform for South India shippers as Gemini launches direct calls

Maersk is strengthening its tech-enabled documentation services for southern India shippers, as its cargo stakes grow with Gemini Cooperation-linked direct calls out of the...

Major container lines reshape Far East service networks

Several box carriers have announced changes in their Far East service networks aiming to improve and upgrade their products. SeaLead has introduced a new service,...

Shipping Stocks Overview: Weekly Market Highlights

The container shipping sector experienced a mix of steady performances and price fluctuations over the past week, as investors reacted to global trade dynamics,...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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