Maersk begins rerouting via southern Africa
Danish shipping giant Maersk confirmed on Tuesday that its vessels due to transit the Red Sea and Gulf of Aden would take the Cape of Good Hope route around the …
AP Moeller – Maersk A/S
Maersk, MSC suspend Red Sea route amid Houthi attacks
An oil tanker anchored in the Red Sea off the coast of Yemen’s contested western province of Hodeida on July 15, 2023. Mohammed Huwais | Afp | Getty Images Oil …
An eighth week of gains for markets?
The Wall Street bull statue is pictured in the Manhattan Borough of New York. Carlo Allegri | Reuters This report is from today’s CNBC Daily Open, our new, international markets …
How Houthi attacks in Red Sea threaten global supply chain
A container ship sails through the new section of the Suez Canal in the Egyptian port city of Ismailia, 135 kms northeast of the capital Cairo on October 10, 2019. …
Global supply chains face another major hit as ships avoid Suez Canal
Tihama, a Maltese Flag container ship of shipping line Hapag-Lloyd, at a European dock on August 13, 2022. Thierry Monasse | Getty Images News | Getty Images BP has become …
Maersk to pause all container ship traffic through the Red Sea
The Ebba Maersk container ship, operated by A.P. Moeller-Maersk A/S, leaves Suez port and heads towards the Red Sea after passing through the Suez Canal in Suez, Egypt on Saturday, …
Shipping giant Maersk announces 10,000 job cuts, warns of volatility
The container ship Maersk Murcia sits moored in the port of Gothenburg, Sweden, on August 24, 2020. JONATHAN NACKSTRAND | AFP | Getty Images Shipping giant Maersk, a bellwether for …
Looking for value stocks? Citi lists over 10 global names
European value stocks are doing better than growth stocks right now, according to Citi analysts. “We believe European Value still has more to run with its undemanding valuations and upside …
A.P. Moller – Maersk Q2 2023 results: 72% profit plunge, beats expectations
A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Danish shipping giant Maersk on Friday reported a sharp fall …