COPENHAGEN (AFP) – Danish shipping giant Maersk posted a huge drop in net profit for the first quarter yesterday as Yemeni rebel attacks force it to avoid the vital Red Sea route. Maersk reported a net profit of USD177 million in the first three months of the year, a 13-fold drop from the same period […]
Maersk, Hapag-Lloyd form shipping alliance in industry reshuffle ajot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajot.com Daily Mail and Mail on Sunday newspapers.
By Dominic Chopping Danish shipping giant A.P. Moeller-Maersk and Germany s Hapag-Lloyd are teaming up to form a new vessel-sharing agreement from next year, shaking up the global lineup of.
Shipping giant Maersk is laying off thousands more workers as weak demand and lower freight prices pummel its revenues a sign the pandemic-driven boom in shipping is turning to bust.