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 ...

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

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

Maersk announced that it expects to grow its business to track an expected 4 per cent growth in global container shipping this year, even as profits are set to decline and US President Donald Trump’s ...

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

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

Maersk has reported robust financial results for 2024, marking growth across all business segments and significantly ...

“While the container ship market remains uncertain due to trade tensions and the potential reopening of the Red Sea, Maersk ...

CFO Patrick Jany reported a strong Q4 finish, with an EBITDA of $3.6 billion and EBIT of $2.1 billion. Free cash flow for the quarter reached $2.2 billion, supported by favorable working capital ...

Vincent Clerc stressed it would cost "hundreds of millions of dollars" if the ocean carrier brought vessels back to the Suez ...

A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade ...