Red Sea Disruptions Absorbing up to 20% of Shipping Capacity, Maersk Says
Shipping giant Maersk: Red Sea turmoil will reduce Q2 capacity by as much as 20%
① Shipping giant Maersk warned that the spread of the Red Sea storm will reduce container transportation capacity between the Far East and Europe by about 15% to 20% in the second quarter of this year; ② The company pointed out that the risk area has now been expanded, and attacks are spreading farther offshore; ③ Maersk is trying to increase sailing speed and increase capacity to improve reliability.
The Red Sea shipping crisis is still fermenting! Shipping giant Maersk expects capacity to be reduced by 15-20%
Global shipping giant MAERSK (MAERSK), headquartered in Denmark, said on Monday that armed interference with container shipping routes in the Red Sea region is intensifying.
Red Sea Disruption Cuts Q2 Capacity by 15%-20%, Maersk Says
Earnings Call Summary | A.P. Moller - Maersk A/S Unsponsored ADR(AMKBY.US) Q1 2024 Earnings Conference
The following is a summary of the A.P. Møller - Mærsk A/S (AMKBY) Q1 2024 Earnings Call Transcript:Financial Performance:A.P. Moller - Maersk reported a Q1 2024 EBIT of $177 million, demonstrating a s
A. P. Moller Maersk (AMKBY.US): The 2024 Q1 financial report achieved revenue of US$12.355 billion, previous value of US$14.207 billion; earnings per share were US$0.06, compared to US$0.66 previously.
A. P. Moller Maersk (AMKBY.US): The 2024 Q1 financial report achieved revenue of US$12.355 billion, previous value of US$14.207 billion; earnings per share were US$0.06, compared to US$0.66 previously.
Maersk Reports Lower Q1 Profit, Sees Red Sea Disruptions Through Rest of Year
Maersk 2Q Ocean Profitability Could Rise Above 1Q Level -- Market Talk
0953 GMT - Maersk has raised the lower-end of its full-year guidance and flagged that its main ocean unit showed progressive profitability recovery through 1Q, which suggests to UBS that 2Q ocean prof
Express News | Maersk's first quarter results are in line with expectations. Actual profit before interest and tax is expected to be -$2 billion to $0 billion
Maersk Raises Guidance as Red Sea Disruption Set to Persist -- Update
By Ed Frankl and Dominic Chopping A.P. Moeller-Maersk says disruption in the Red Sea could continue for the rest of the year, as it reported a sharp drop in earnings. Still, the Danish shipping gian
Maersk Posts Q1 Profits Above Expectations, Lifts Lower End of FY Guidance Range
Investors Wait to See Red Sea in Shippers' Q1 Numbers
Maersk Expected to Post Lower Earnings on Sharp On-Year Drop in Freight Rates -- Earnings Preview
By Dominic Chopping Denmark's A.P. Moeller-Maersk is scheduled to report results for the first quarter on Thursday. Here is what you need to know. REVENUE FORECAST: The shipping giant is expected to
Svitzer Shares Rise on Debut in Copenhagen
By Dominic Chopping Shares in Svitzer moved sharply higher Tuesday, giving the Danish towage and marine-services provider an equity valuation of around $1 billion as it began trading in Copenhagen.
Nigeria Secures $600 Million Maersk Investment in Seaport Infrastructure
Development of the Extraordinary General Meeting on Friday 26 April 2024
Maersk Could Offer Limited Baltimore Barge Service
Traders exporting to Europe pay attention! Under the Red Sea crisis, these Western Mediterranean ports are “cramped”
① Traders and shipping companies exporting to Europe may need to pay attention to the new situation at European ports; ② Container ports along the western Mediterranean coast are now operating at full capacity, which may be the latest test facing the global supply chain, especially in Europe; ③ the “culprit” that caused this situation is clearly still not unrelated to the Red Sea crisis.
Maersk and many other shipping companies issued price increase letters to set off a wave of price increases in the shipping market during the off-season
Gelonghui, April 22 | According to CCTV Finance, the shipping market has obvious characteristics of a low peak season, and the increase in freight rates generally accompanies the peak shipping season. Recently, the industry has set off a “wave of price increases” during the off-season. Leading shipping companies such as Maersk, Dafei, and Hapag-Lloyd have issued price increase letters one after another. For some routes, the increase was close to 70%. For a 40-foot container, the maximum increase in freight rates reached 2,000 US dollars. According to reports, the scope of this round of price adjustments mainly focuses on the US, South America, Red Sea, etc.
Hong Kong's Wah Kwong Orders More LNG Carriers Banking on Growing Trade
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