A.P. Moller-Maersk reported a 65 percent increase in earnings before interest and taxes (EBIT) to $6.5 billion in 2024, ...

The Red Sea crisis has emerged as a critical flashpoint of the conflict in the Middle East, upending global trade and maritime transport, port activity in the MENA region, and ecological balance of ...

Despite a partial ceasefire by the Houthi group, Red Sea shipping traffic remains subdued as concerns over regional security persist.

Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s ...

While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.

Find insight on AI and Chinese automakers and more in the latest Market Talks covering the auto and transport sector.

Maersk announced that it expects to grow its business to track an expected 4 per cent growth in global container shipping ...

Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...

Panama President José Raúl Mulino and the canal's operator denied the State Department’s claim that the country would allow U ...

The move comes as the shipping industry waits for signs that vessel traffic in the Red Sea will begin to return to normal ...

Maersk targets net zero by 2040, but warns climate change and geopolitics are causing supply chain disruptions that demand ...